There are many ways of looking at charts. What he is ignoring is the lines of support. There is pretty darn good support in the high 8's, which we bounced off of. Try this site, it's much better than american bulls: <a href="http://www.stockta.com/cgi-bin/analysis.pl?symb=CEMJQ&num1=1&cobrand=&mode=stock" rel="nofollow" target="_blank">http://www.stockta.com/cgi-bin/analysis.pl?symb=CEMJQ&num1=1&cobrand=&mode=stock</a> All bullish.