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Re: chklingon post# 22299

Thursday, 03/26/2015 1:01:33 PM

Thursday, March 26, 2015 1:01:33 PM

Post# of 29204
Yes, there was a breakout from the Long Term Channel Pattern and a fall back. Fallbacks after a breakout are not unusual, but the many extreme days of volatility that hit the overall market soon after the breakout stalled the momo, imo, but still no breakdown.

Watching the consolidation indicators over the last several weeks are making me expect more sideways swings. Price is way over sold, so you may see a swing change.

You're right about low volume...Volume over the last 4 days has been slightly over 1,000,000 at EOD.

Most recent update:
VOLUME 772.4k shares, -22.6% compared to typical volume of 997.7k by 26 Mar 2015.
Typical daily volume is 2.27mil shares over the past 6 months.
http://www.nasdaq.com/symbol/cpst/stock-consultant

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