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Post# of 47295
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Re: BONESPUR post# 32652

Saturday, 08/04/2012 4:13:26 PM

Saturday, August 04, 2012 4:13:26 PM

Post# of 47295
CPRX No DD. The chart projects target price 2.16. I don't expect to reach target without very positive news. There is strong resistance at 1.46 1.64 1.80 and at 1.90 which is the 52 week high. A close above 1.46 would be an entry point,but I believe it is overbought and is not wanting to go higher. ADX says an event is likely in the making,likely a down turn.If I had to buy I would enter after 1.46 break then exitin the 1.60 area re-enter at 1.65 on continuation and again exit at 1.80 area.then if it continued to uptrend I would re-enter at the 2.00 area. Good Luck,hope this helps.

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