Currently CXG is in a tight trading range. There is a lot of resistance at 25 and 26. When the stock closes above 26 and has a higher close 3 days in a row ,it is on the way up. So jump on board for the ride . As advised in my previous post there is going to be resistance at the highs of 39 and 44. The next resistant point is 57. Important dates to watch are the 23 ad 24 March 2010 and round about the 19 April 2010. The basis of the above forecasts are on the strong highs and lows of 12 on 18/02/2009 . 44 on 8/09/09 and the low of 22 on 23/12/09 using time and price factors based on Fibonacci numbers .
CXG Price at posting:
20.9¢ Sentiment: Buy Disclosure: Held
