In my view 30c is stronger resistance confirmed by weekly...

In my view 30c is stronger resistance confirmed by weekly chart.

While I hold cnm for the 'vision' and have for more than two years, I picked up more last week on pull back to 22c and regard these as trading BUT looks like momentum is slowing for CNM and the market rally looks like it's ending.

So a pull back to resistance at 23 cents then 19 cents is on the cards, or probability as traders would like to say.

Now none of that will happen if news in in the air. So if you're keen to stock up then maybe place an order around the 23c area and you may well be rewarded, but if the market turns nasty again and seeks out a testing of the March lows then sub 20c is right back in town.

HayMan