AI
Sunday, October 28, 2007 3:02:24 AM
CFC ($17.30) pos company. Reported bigger loss, in addition to the subprime mess, and the CEO stock sales. CFC did a deadcat bounce out of the blue on Friday. Now techincally looks like CFC is going to rebound more.... because SAR dropped, ADX is about to cross, RSI is moving pass 50 (but resistance at 70), CMF turned green, CCI shot up above -100, and Wm%R 9 & 14 shot up above 50.
My opinion is CFC is going to touch 50MA at $18.77 then retrace.
My opinion is CFC is going to touch 50MA at $18.77 then retrace.
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