video n charts

CDU Chart Video


Current Chart with 2 suggested risk reward entries and also the 2 ranges up and down, which show the larger range completing at the recent low and the smaller range if price did rise. The horizontal lines are key support and resistance and my gut suggests if you do not rise out of here quickly, then you will enter a period of sideways action of up to 3/6months.

5th and 28th of September are significant reversal dates if Gann methods were applied to the stock, however please understand I have not studied CDU heavily in terms of this anylsis




Personally when I have a bad one, I always find it easy to treat the position as it is now, and make all decisions based from what price is now, and at times its been painful but its works.


I hope it helps

Regards
Rob