Cascadia Investments Inc (fka CDIV)

[Sup3rSlick46]

Some late night observations...

Well, it is waaayyyy past my bedtime but I had a couple of things that I would like to share with you guys before trading opens tomorrow.

For the first chart I am going to hide everything in 2010 to give us a more focused look at what we would have seen back in December 09.
Please notice how the price dropped below the established (blue) trend line for almost a week before turning. It dropped below the trend line with the initial drop then had two days of trading in between the intraday prices, then one final day of driving it down past the initial breakdown before making a reversal.




Well I think we know how this trend line pierce turned out in 09, for a nice bang going into 2010.


Now let's look at what we see with our current (green) trend line paying close attention to the two red circles.





Pierced the trend line [CHECK].
Two days of trading between intraday price [CHECK].
Final spike down past initial drop [N/A].

I cannot see the future any better than anybody else here, although I can tell you what I am expecting.

We may have a couple more days trading between .19 - .25 (initial breakdown intraday trading price).

Or possibly a tail to reach past .18 and touch .15 but then closing back near the green trend line. (This is my signal to get money cleared and ready but not buy yet)

If this closes down from the green trend line in the coming days that just means that we are retracing a little more than expected. If not, a close above .30 at this point will signal a reversal and much bigger patterns will begin to emerge.


This is what I was talking about when I said testing the holders to their last nerve Anybody nervous yet?

Sorry if any of this doesn't make sense, I tend to space out a little when I should have been sleeping 3 hours ago...