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chart guy

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chart guy

Re: None

Tuesday, 06/01/2010 2:30:55 PM

Tuesday, June 01, 2010 2:30:55 PM

Post# of 1381
Technical Analysis Video Update for CTDBQ

CTDBQ is way oversold here IMHO, and due for a releif rally. The last time the price action hit around the 1 cent level, there was a nice bounce into the 3 handle territory. There should be therefore a nice risk/reward trade set up here, as longs can stop out below 1 penny, but play for a bounce back up to resistance at 6 cents, all IMHO.

Check out the CTDBQ video chart here:
www.itsallbull.net/iabtv.php?id=301
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