Replies to post #22793 on Chemtura Corp (fka CHMT)

[Arnold25764]

There is a good chance. See how it runs in the morning. Big Wall @.24 then there is .26 and then .30. If we were above the 20SMA i wouldn't be worrying about all those resistance points but since it dropped off so much now we have to get through them.

[WEEDWACKO]

I would really like to see it test the 50 moving average but with this big hammer in are way i dont think we can!! Maybe we will get two hammers in a row.

[ByMorStock]

I was waiting for someone to post that chart. I identified that slope a few weeks ago, and was waiting to see if it held.

[Arnold25764]

With bollies tightening like that it could only mean something is about to happen.