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Post# of 129051
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Chrion

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Chrion

Re: p4tr10t post# 58164

Thursday, 04/05/2012 5:15:17 PM

Thursday, April 05, 2012 5:15:17 PM

Post# of 129051
I don't know if you have a subscription to stockcharts.com to see the 10 min chart; but I will post my links here:

Weekly: - Clearly room to go much higher
http://stockcharts.com/h-sc/ui?s=CBIS&p=W&yr=3&mn=0&dy=0&id=p29025997751&a=263199961&listNum=1

Daily: - Same picture; tons of room to go higher
http://stockcharts.com/h-sc/ui?s=CBIS&p=D&b=5&g=0&id=p07591390222&a=262941379&listNum=1

10 Min: - Shows the chart resetting into support, at first looks like neg. div but chart quickly resets; horizontal consolidation ; hidden divergence; fresh pos. divergence forming.

http://stockcharts.com/h-sc/ui?s=CBIS&p=10&b=5&g=0&id=p95490207650&a=263468451&listNum=1
Plus, I would not call that pattern a H&S. did not complete the right shoulder.
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