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Re: newey_to_the_block post# 16

Saturday, 02/15/2014 11:37:10 PM

Saturday, February 15, 2014 11:37:10 PM

Post# of 70
I like your HL...an MOF (money on the floor) and the subsequent HH...
Bullish T/A which could be the start of a new up trend.
Heavyish volume this year too. Will look at my favorite indicators for divergences.

Looks like it also broke the upper trend line of a declining wedge again too...then retraced back under it, retesting that area.
Usually I take this as a bullish technical event...but this also happened before, 3 months ago when CIG was over $9
(see my static chart on the post you replied to - Note - it appears that my chart and Finviz's are out of sync somehow - was there a split?).

Maybe buy stop it at Friday's high or ~@$5.75-80.
I still like the company - timing it right is always key...


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