Cotton & Western Mining Inc. (CWRN)

[blademan]

CWRN chart indicators:

Looking at the 1mo 30min chart:

First of all increased volume is very nice to see since Thurs. Buy volume at that. Means investors like the what this company is doing. Other than that,

PSAR: Very bullish indicating price reversal since Thurs.

RSI: 56, very bullish, still in the sweet zone and not overbought at all.

MACD: Crossed over the signal line, continuing bullish move up.

MFI: 61, definately not overbought yet.

Upper Bollie around .018. Breaking through that would prove very bullish IMO. .02 test would be right around the corner could happen Mon or Tues IMO. There will be some resistance around 02.

Acumm/Dist. Very nice turn around and headed up. Very bullish crossing over that 0 strike line to indicate we are in accumulation mode.

Overall fundamentals of this company are very, very positive. Co is in heavy production. I cannot say that for 99% of pink companies.

I see this continuing above the 50MA @.023 IMO. If the company posts news, that is an easy swing IMO.