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msturgeo

06/18/14 11:46 AM

#67363 RE: blackbandit #67362

This will retrace.IMHO. Expect it because nothing goes straight up. Chart analysis lets us know that things are overbought right now and bearish signal in the chart tells me that we are close to the top of the trend. I would expect this to fade all the way back to .039-.042 where there is some excellent support.

This IMHO is a trading channel being established - but I do like the end of year target - except that is still 6-9 months away....depending on your outlook for expect reporting results.

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Uranium

06/18/14 12:01 PM

#67364 RE: blackbandit #67362

I've been using the word "investment" regarding CAPC for many years. I believe it is an accurate description of sentiment