CYOS // I am starting to think that they time these news releases to coincide with the Charts...(It would be important to hold above the 50ma and I believe they know it) It seems this happens frequently // also I think it is important to notice that the support (as represented by the highest closing price on 02/23/05) was at .026...in candlestick analysis this is the price to beat for a breakout..- this price (.026) is the resistance and once it is broken it becomes support // also many believe that post breakout, the price must return to this level to test the support (.026) ... that being said, presently we are back down to .026 (support?) and it happens to be timed perfectly with the touch of the 50 MA and the news release all on the same day.....I will be adding to my existing position in the coming days as long as the .026 price and 50 ma hold.
All this is my opinion only and should be treated as such, This is not a recommendation to buy.