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PowerPole

05/21/06 4:56 PM

#17630 RE: Snap Hook #17626

EP just chimed in on CPTC with some interesting comments...

He's the other chart expert on this stock from way back, and one of the people that was instrumental in teaching me all about charts...

http://www.investorshub.com/boards/read_msg.asp?message_id=11215760

It is good it's holding above the middle Bollie Band on a closing basis lately, and it looks to me like it's trying to bottom here...

I do see the IHS they're talking about, and it's slanted just the way I like it...A break above 1.60 would look great on this chart, but we're trying to get in a bit lower than that aren't we?...LOL

I wish the Stochastics were more Oversold at this point...If Stochastics can turn up from just below the 50 line, it would be the first time it's done that in a long time, and is a bullish indicator for me...

If the MACD Histogram could bounce up from near zero, I'd call that a kiss...That would also uncross the fast and slow lines of the MACD...

I do see a little double-bottom trying to form on his chart ;^))

They usually come out with news releases on Tuesday's before the bell, so I'll be watching this one closely next week...

It's always fun to buy 5-10K shares for a quick thirty or forty cents when it makes one of it's runs...