CNP 0.00% 4.0¢ cnpr group

hi Sprudz,the support is the closeing price my friend...

  1. 6,368 Posts.
    hi Sprudz,

    the support is the closeing price my friend ($0.365),

    but on fridays close it was the ressistance point,

    all thought the support has now been weakend by a low tail in todays candle i dont think it will be enough to to hold the bulls back,
    because as you can see the white trend line,
    has been broken,
    so this should mean a new trend is in play,

    what it will be need to show us is if its bullish or if it going to be a consolidation patten as it looks right now,

    but as all ways time will reveal all,

    cheers


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