InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.24
(
0.26%
)
Bitcoin
63,211.31
(
0.08%
)
Post# of 129051
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

chart guy

Send PM Follow Ignore
Followers 27
Posts 914
Boards Moderated 0
Alias Born 12/15/2009

chart guy

Re: None

Tuesday, 10/19/2010 5:44:30 PM

Tuesday, October 19, 2010 5:44:30 PM

Post# of 129051
Technical Analysis Video for CBIS

Buy the rumour, sell the news trade obviously going on here, thats why, IMHO, CBIS could continue higher in the short term and break the 22 cent resistance area, despite hugely overbought RSI. Retracements are certainly possible, but as long as buyers come in on the dips the momentum trade will remain intact. A sustained move below 18 cents would be bearish however IMHO.

Check out the CBIS video chart here:
http://www.itsallbull.net/iabtv.php?id=420


Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up