AI
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| Alias Born | 07/18/2005 |
Monday, April 15, 2013 12:28:58 PM
4 month chart:
As we talked about last week, it's time to look for a new trend. If we take the last 4 months out of that 4 year weekly chart, we can use that as our new trend.
The top trendline has confirmed over 5 times in the expanded 4 year weekly chart. The bottom trendline has not confirmed with 3 taps so it would appear to be the weaker trendline at this point.
The Bottom Bollinger is presently below the bottom trendline and may be the bottom target. Short Target #1 is $.87 and Short Target target #2 is $.85.
http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=CPST#lchart
CPST has fallen off the Russel Index 2 to 3 times that I remember, and it has always returned when CPST gets into an up swing, so that news, though it hasn't been reported as fact yet, doesn't bother me much.
GLTY
As we talked about last week, it's time to look for a new trend. If we take the last 4 months out of that 4 year weekly chart, we can use that as our new trend.
The top trendline has confirmed over 5 times in the expanded 4 year weekly chart. The bottom trendline has not confirmed with 3 taps so it would appear to be the weaker trendline at this point.
The Bottom Bollinger is presently below the bottom trendline and may be the bottom target. Short Target #1 is $.87 and Short Target target #2 is $.85.
http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=CPST#lchart
CPST has fallen off the Russel Index 2 to 3 times that I remember, and it has always returned when CPST gets into an up swing, so that news, though it hasn't been reported as fact yet, doesn't bother me much.
GLTY
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