We've had the head and shoulders, we've had the technical floor (12 cents) and now for the dead cat ride. Next step to 7 cents then the well-known chartists' dead cat bounce to 10 cents, followed by the inevitable drop to 5 cents and last dead cat bounce to 8 cents. After that final drop to its resting place at about 3 or 4 cents until the money runs out - about May 2012. (Cougar CXY look-alike with the faithful awaiting the second coming and resurrection of UCG.)
Then you will remember I told you so.
CNX Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held