I will warn before I write anything that this chart only indicates where changes in trend should take place. Because it’s on a yearly scale it can be 6 months off etc. These charts are mainly used to predict long-term events on the NYSE or for example events in the United States of America.
CMQ has not been around long enough to full demonstrate it’s a ability.
CMQ was founded in 1989, its permanent chart looks as follows:
Normally you would start the square on the following year 1990, but I am not sure if the company was founded early in 1989 or later, but 1989 suits the events far better.
As you can see a major turning point was indicated in 1999.... its listing on the stock exchange. 2001 indicated important events, I can assume this positive as the stock price soared, and this was to continue into 2002 until a change was to come in 2003, as we all know CMQ entered into a negative cycle. The bottom of the cycle was due to end in 2004; the stock has not been lower since 2004. This positive cycle is expected to continue in 2005 until a change in 2006, however this period of events will quickly turn around in 2007, which should be a positive cycle.
Unfortunately because of CMQ's name it’s going to be a volatile little prick' throughout its future, but as you can see above the results have been very accurate so far.
Because of its cycle it would be logical to think you would see a really strong uptrend lasting into early 2006 probably around May/June, before a downturn/consolidation takes hole for 1 year.
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