Chart looks pretty good i got the support/resistance line at 5 cents but also see some past support at .054 cents. The share price seems to be trading within the channel lines draw a few days ago and i havent altered them since so its following them nicely.
The thing i like about this run is that its back up by facts and not rising for no reason like many stocks when they get pumped and dumped. CGM is going through a re-rating as people find out about the company and workout that the profit it is making doesnt match up with the market cap it currently is supporting.
Next image is provided by Kevi today on the day traders thread and shows that it semems as though it has struggled on the 41D MA each and every time to get above it as it runs and needed to finish at or above .057 cents today to confirm a possible continuation of this run.
CGM Price at posting:
5.8¢ Sentiment: LT Buy Disclosure: Held