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Post# of 143047
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Ebiz247

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Ebiz247

Re: Rcheco post# 21116

Tuesday, 03/20/2007 10:51:56 PM

Tuesday, March 20, 2007 10:51:56 PM

Post# of 143047
That is possible. I guess we will know by the end of the week. Checking the chart, we haven't been below .001 for six trading sessions. I think we have built a solid base at this level.

In late January and into February, CHNW was between .0001 and .0004 for 14 trading sessions and then in 5 trading days ran up to .002. Retraced to .0007 and then climbed above .001 where it has set a new base.

I'm not a technical chartist and I welcome all opinions, but to me, it looks like the bollinger bands are tightening again...

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