golden6here's a look at CNP - major support needs to hold at...

golden6
here's a look at CNP - major support needs to hold at 0.16 but if it does could shoot back up.

Over the longer term- 18 mths weekly - this support level is easy to define.



Coming in on the daily 6 months
weekly,with my newly found mad lunar simple MAS
you can see just how unstable the market has been by the chaotic nature of the relationships of the MAs.
Immediate overhead resistance at 0.24 and lower indicators hopeful. But honestly it all depends on the overseas market action. Don't watch this space, watch Europe, the DOW, DPO (big US money fund and good market sentiment indicator - I'll chart it later )and currencies.



Finally - one month daily with volume - although on the 6 mth I've shown MACD turning pos and Slow Stochastics I would wait for a bit more volume before getting too encouraged. (PS I f you hold , I wouldn't be selling either unless it went down under 0.16/ 0.15. Hope this helps. A