yes, very nice trading pattern this week ...almost text-book stuff...
i mentioned on my previous post on this thread: "the meat in the pudding will be seen if last week's rises can be retained with only a brief and shallow pullback."
and thats pretty much what we got.
"follow-up action after a breakout is where the real story will be found."
now what we need is a clear break of the 15cent resistance... and perhaps a retest of that as support...that would be a very strong signal that we may be able to break through
although there are a few other resistance levels along the way...20cents is a biggie, but so is 25cents and 30cents. there might be a few holders still hoping to break even at those levels.
CVI Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held