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Re: noretreat post# 254

Friday, 08/08/2014 6:53:46 PM

Friday, August 08, 2014 6:53:46 PM

Post# of 1014
@NR, yeah....40's is possible as well as 50.

I'll be looking for an entry pattern. Why do you say the target top zone is 1.50 area? is that technical charting or fundamental analysis DD... thanks for your thoughts. did you read a while back that analyst who gave a target of 1 dollar?


http://stockcharts.com/c-sc/sc?s=CYNAF&p=W&b=5&g=0&i=t07170663703&r=1407538712195


This chart shows big resistance zone from 70-90 cents, and especially 80. a bottom zone at 40 cent area makes a double for traders to sell at 80. this is the outlook I saw a month ago when I got interested in CYNAF. this doesnt look like clear sailing to 1.50 or the 1.30-1.40 top zone. big resistance from 70-90 will need to be watched. if we get a rally going .