Jaded, Yep was check'n out the coal mines to see if they need a hand from CNX.. Sorry to here you sold, where was that 52c? or 26c? By the look of the Chart I can't see it going below these levels next week or any time soon.. Notice how many times its bounced off 50% Fib @ 50c...looks like the 38.2% Fib wants to kick in as surport @ 56c now.. Are sure that those Horizontal Channels lined up of yours isn't a Darvas Box?? Or maybe its the Right Shoulder of the Inverse H&S forming I see we still have that gap to fill @ 61.5c and she's still trading above the 30D MA on both charts...hmmm... I think its about time you showed us this Magical Chart of yours, can't be to hard to put one up now. I see HC have made it nearly Dummy Proof.. I changed the heading to a bit more of a happy tone for you. Cheers Pete.
(Back from Siberia,haspete?tut,tut Profanity,hey?
I've got my Chart dominated by Horizontal Channels lined up from May. This pretty well locks in all the Long Term Action. CNX has gotten over that Dive but has only returned to the Pre Plunge Action[of May-July] Recently it ain't been doing so good cracking and staying in the 60's. Wonder if 62 is it's lower High in this current run? 52 is a pretty lower Low compared to pre Plunge days. 6/10%ish lower. I reckon,given circumstances dire,CNX has 48 in it so I sold to buy lower next week.)
CNX Price at posting:
57.0¢ Sentiment: None Disclosure: Not Held