Replies to post #4723 on Sharing Knowledge in Smallcaps

[flota]

like the chart. what's the story with the first drop

[Garden Rose]

dd, I took a look at CLHB. I really can't say I like what I saw, depends on how you look at the chart. To me it could go up a little stall and continue to consolidate. I base this on RSI @36.6 (low strength for any move), MACD is below zero,accumulation is snaking along the bottom and not positive, also 10/20/30day MA is on a decline. So, maybe I'm missing something but that's what I see. There are other stocks with more positive indicators and strength. What do you see in the chart that makes you like it, the only positive I see is the closing white cande and it should move up somewhat but don't think it has any momentum (power). Now watch it double LOL..LOL and I'll have to re-read my chart books. GR