InvestorsHub Logo
Followers 62
Posts 12258
Boards Moderated 0
Alias Born 07/18/2005

Re: None

Thursday, 10/30/2014 2:48:44 AM

Thursday, October 30, 2014 2:48:44 AM

Post# of 29204
1.5 Year Chart:

Everything is coming together. The chart shows a rising pps nearing the descending trend line from the high at $2.60.

This descending trend line has just intersected with the resistance line at $1.03.

RESISTANCE/SUPPORT
0.98, just below resistance, 1.03 ± 0.03, type Single, strength 3
Resistance Above : +5.1% at 1.03 ± 0.03, type Single, strength 3 (This is fairly weak resistance.)
Support Below : -16.3% at 0.82 ± 0.03, type Single, strength

Long Target #1 is .99.
Long Target #2 is $1.03
http://www.nasdaq.com/symbol/cpst/stock-consultant

A confirmed break above this trend line would indicate a possible major breakout, imo.

Top Bollinger is close; just above at $1.08.

Momo is setting itself up like a spring waiting for the 2Q Report, imo.

GLTA

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.