hyaspete,It's palm/card readers who never give a "dark" view of...

hyaspete,
It's palm/card readers who never give a "dark" view of what they see in the tea leaves or crystal ball.
Chart Readings should contain any and all Negatives/Againsts as well as the "Everything is going Fantastic" babble!!@

Now see that upper line of your broken pennant?That's the DOWNTREND that's been in place since June 4th,right?
and that little broken line from July 23rd?that's another intermediate downtrend line,hey?
Why did you manipulate it to show it was broken yesterday?On my chart it touched the 45 ie acted as OverHead Resistance.

Anyway,CNX was in Downtrend before this recent hiccup and really there's nothing yet to show that Downtrend is not extant.CNX needs to crack 55 this week to blow that Downer.

All that's happened is CNX has returned into the field of that "Long Term" Downtrend [from July peak] and has at least started to trade above,just above,the Long 150DEMA.

However we now have Millions of Shares bought recently in substantial Profit Short Term from under 35 cents.
Pete don't ya figure that these are NOT for riding Un Sold or Traded to 80cents?

cheers.