like to see it close on its high, page-16

Sacd I would tell a lie if I said I use fibonnacci support resistance levels, but use my own charting system. I really can see cvn bouncing up to around 38 to 40 cents and will make a decision then.I think I called cvn down to around 24 cents as the resistance level if it broke that around 17 cents as the next resistance level but yesterdays drop remined me of last August's drop when cvn dropped from 17 cents to 10 cents and bounced back so could not resist as it kicked goals after that. As on the bottom of your post history repeats itself maybe it did, yesterday the same as last august, the drop and spikes look awfully similar and well worth a look. The reason 38 to 40 cents as there has been know resistance in the above 32 cents till 38 to 40 which I think is quite achievable unless the market melts down again. Hope you can understand where I am coming from sacd