PS: I will just ad one more thing. I have no idea about TA but having been VERY closely following the chart for this stock over the last few weeks and in particular the last couple of days. It seems very clear to me that there is very strong support for this stock at 28cents.
Each time the stock hits 28 it jumps back up to 28.5 and then 29 then back down to 28. This pattern has been repeating itself for a number of days now. So I will take a punt and say that for at least the next week it is unlikely to change however it seems that with each day passing sentiment is turning against the company and if a announcement isn’t made soon we may see lower then 28.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
