Tuesday, April 03, 2007 4:14:33 PM
** CHNW Chart update
This chart looks at intraday trading over the last 1.5 months.
There is a lot of information here.
1. It is clear that 0.0009 has been set as the accumulation level. Any movement above 0.0009 has been severely restricted.
2. The trading over last 2 weeks, indicates either short covering or accumulation (increased volume).
3. Technicals point to a very oversold position, something that will resolve very soon.
This chart looks at intraday trading over the last 1.5 months.
There is a lot of information here.
1. It is clear that 0.0009 has been set as the accumulation level. Any movement above 0.0009 has been severely restricted.
2. The trading over last 2 weeks, indicates either short covering or accumulation (increased volume).
3. Technicals point to a very oversold position, something that will resolve very soon.
Penny_TA's Technical Plays:
http://www.investorshub.com/boards/board.asp?board_id=7244
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Reverse Mergers:
http://www.investorshub.com/boards/board.asp?board_id=7308
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