News Focus
News Focus
Followers 168
Posts 13710
Boards Moderated 1
Alias Born 07/27/2007

Re: None

Saturday, 06/28/2008 8:24:45 PM

Saturday, June 28, 2008 8:24:45 PM

Post# of 789
CBEY CHART:

Hey BB fans,

My scan produced a little something that I thought may lead us to some nice gains.

OS: 28.71M
Float: 20M
Held by Institutions: 95.9%
% Short: 12.9%

The company is not showing much debt and seems to be growing with a Quarterly year over year of 27.7%. When looking at the charts I see some really nice tight bollingerband which usually indicates a major breakout is about to happen. And when I look at the RENKO chart we see a sell off at the end of the day last Friday. My Renko Chart is the key here, IMO.

If we wait for a break out of the symetrical triangle we may get a nice PPS spike and thus a wonderful option play for those who play a straight call. I am of the opinion that we may see a little selling on Monday early and I would just be prepared to jump on those options if given the chance.

Boca_Bobby

CANDLESTICK CHART


RENKO CHART

Boca_Bobby

Mom said there would be days like this!

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today