Thursday, February 23, 2012 3:52:11 PM
CBIS Daily Chart.....Long Legged DOJI...or Black Spinning Top for today's candle..........
Signals a top......0.10 Resistance giving CBIS trouble today......
Need a close above that Resistance level in order to turn it into Support......
TRIX setting up a Buy Signal today.....getting ready to cross.....
Last time that happened was the New Yr. Rally......very sweet development.....
Massive VOL. On a down day is another Signal this could be temporary Top.....
MACD Line is @ the same level CBIS pulled back from in the past.....may be signaling a temporary top.....
Fast Sto @ 76.25.....pulled back from Overbought, but not a lot of juice to run....
Full Sto @ 88.47......Overbought......CBIS rallied higher from this level in the past.....will history repeat?....
Accum/Dist, CMF & FORCE show the Parabolic nature of this move.......
Extreme moves are often met by Resistance........$$$
Signals a top......0.10 Resistance giving CBIS trouble today......
Need a close above that Resistance level in order to turn it into Support......
TRIX setting up a Buy Signal today.....getting ready to cross.....
Last time that happened was the New Yr. Rally......very sweet development.....
Massive VOL. On a down day is another Signal this could be temporary Top.....
MACD Line is @ the same level CBIS pulled back from in the past.....may be signaling a temporary top.....
Fast Sto @ 76.25.....pulled back from Overbought, but not a lot of juice to run....
Full Sto @ 88.47......Overbought......CBIS rallied higher from this level in the past.....will history repeat?....
Accum/Dist, CMF & FORCE show the Parabolic nature of this move.......
Extreme moves are often met by Resistance........$$$
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