. . T E S T . .
This is what I have been waiting for.
Maybe 'the other guy', or 'his people', realized this
too, while trying to make a market in the meantime.
What is historically common, since I have been following CPST since 2005, is that all major bottom reversals only turned after the price broke below all (10-20-30-50-75-100-200) SMA's and LBB's, well as other support points. It didn't really make me a believer until Feb 2009, because I was thinking that it could not be as obvious as that, but it was.
Major Bottom Reversals that I have been through :
JUNE 2005 - MARCH 2007 - FEB 2009 - SEPT 2010 - JAN 2013 - AND NOW
Also, I always tried to find some other external coincidental points as well, to sort of confirm. In this case, it has always been the Russell-2000 for me. Right now it is in the last phase of an Elliott Wave Pattern (the EW-C part). And also, the R2K 200-SMA is moving up at the same time and approaching a support target around $1216. I toyed with this and other ideas in my earlier Post #23128 and then Post #23631.
Anyway, too much of a coincidence here to not start heavy buying, imo. Also, there could not be a better time for a substantial PR, if possible.
