InvestorsHub Logo
Followers 8
Posts 471
Boards Moderated 0
Alias Born 01/24/2010

Re: Z06 MAN post# 1013

Tuesday, 03/01/2011 3:39:19 PM

Tuesday, March 01, 2011 3:39:19 PM

Post# of 2096
So far it seems like CMIN has going down just enough to delay a breakout point for a few weeks. So far I'm not too worried about it (but sure glad I didn't buy any more), but IMO .165 is a meaningful level of support, at least according to the way I'm reading the chart.

What I don't like seeing though is CMIN dipping below the lower bollinger band so much and today not even snapping back. Last week I thought we had a bolli squeeze forming, not it just looks like a trend that has sputtered out.


If I knew I could have bought this cheaper today than 6 weeks ago when the test op was announced, I would have waited.