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S&P 500
5,577.83
(
0.09%
)
US TECH 100
19,890.00
(
-0.02%
)
Dow Jones
39,312.30
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-0.08%
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Brent Oil
84.45
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-1.14%
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Bitcoin
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1.86%
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Post# of 129051
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Chrion

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Chrion

Re: jvl post# 56091

Monday, 04/02/2012 12:08:08 PM

Monday, April 02, 2012 12:08:08 PM

Post# of 129051
Hey there JVL,

Welcome to CBIS.

Sorry to hear you caught caught at the .24, but you did a VERY good job of cost averaging back in. .15 is a great price in the long term. I'm lucky, my cost average is at .035.

Here is the trend channel I see:
http://stockcharts.com/h-sc/ui?s=CBIS&p=D&b=5&g=0&id=p07591390222&a=262941379&listNum=1

Although biopsy news could cause some major buying up to .70 and it's not impossible, I would be surprised to see it this week. However this week I think seeing .18 - .24 is very realistic and possibily a break of that.

I do see over .50 and to .75 even in the short term, just would be surprised to see it this week.

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