Replies to post #296 on CBL & Associates Properties Inc (CBL)

[Value_Investor]

Fake "huge bouncing up"! CBL first bounced up 59.172% to $0.267 from $0.169 but it Quickly crashed back down to $0.1799 this early morning!

Will it test the basement $0.169 ~ $0.14 again in the next week or it will "bounce" up to $0.267 or higher price levels once more before coming inevitable Bankruptcy?

[CaoPanShou]

CBL has some recent history with after market runs as shares are shifted around behind the scenes. This weeks post market run was followed by several reports issued by CBL today.
Retail shares won't trade post market so it doesn't mean much by next morning.

[Value_Investor]

CBL crashed to $0.15 ~ $0.154 several days ago after it broke down previous New bottom support $0.169 from its most recent high $0.267!

However it has already built the higher New bottom support area at $0.163 ~ $0.16! So CBL should bounce to $0.237 at least in the coming days/weeks...

Hopefully it will test the most recent highs area $0.267 ~ $0.33 again before the bankruptcy!

Note, $0.33 is a very strong Top-Ceiling resistance v.s. $0.14 is a very strong Bottom-Floor support!

Next week will be the fun time to watch CBL!