Cunningham Natural Resources Corp (CNRC)

[TheHungryHippo]

I am simply following this trend line right here.
You all think I am not watching? HAHA. Not one word goes unnoticed by the hippo on this board.

and according to my chart. Tomorrow, may be the bottom.

If we can hold .005/49 area and close green then I think a strong uptrend will remain in tact.

Judging by the chart pattern, I do see a secondary possibility of hitting mid .004's. WNTR is over sold now, so we need to decide whether we will let the stock slide low and into a down trend, or hold about these key support levels. I think the low will be .0045 area. If it dips lower than .0043 (I doubt it) then it will be a downtrend.

I myself am considering buying some more if things go the way I think they will. IMO the dilution was minimal. and this BMAK dilutor likely only has 30-40 million shares to sell on this go round. But that's just my opinion as I have been through this similar scenario a few times now. Hopefully this will be the last of the dilution.

Watch for a close above the 5 day moving average to signal the start of the reversal. I see a bounce to .007-.008 area after this dip.

Then the trend will continue, opting a possibility to sell, and perhaps buy low again. By the end of May,I suspect we will be closing on the tip of the triangle, and preparing for a massive breakout once again as we lead into the possibility of having audited financials, and speculative large scale deals closing.

WNTR