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Re: ProfitScout post# 1635

Thursday, 07/19/2018 3:39:12 PM

Thursday, July 19, 2018 3:39:12 PM

Post# of 1900
$CLDX ~ Still Holding over .50+ since late June while gradually & stealthily coming off of the .48 low. This stinker could soon suddenly go either way, but the indicators are showing reasonable likelihood it has short term bottomed & could eventually pop up higher yet, maybe to .60+ at least.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141989404

The RSI gradually strengthening as one basic example, indicating a good chance at a bottom since late June while portending a reasonable prospect it's due for a good move up higher yet in the short term.

Between April-June, $CLDX priced in a lot of bad news & got beat down quite hard with very little upward movement, so based simply on technicals it is very oversold & statistically due for something better in the short term regardless of any news.

So we shall see going forward in coming days-weeks if the technicals are putting out false signals or not




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