To 'EDWARD STEVENSON' , these videos tell a story.CBAI: Technical Analysis Video [01.06.10] re; Shares of Cord Blood America, Inc. rose nearly 11% coming off of Wednesday’s trading session. Since the ‘technical breakout’ occurred, the price per share has not seen any bearish activity as the bulls continue to overwhelm the market. To introduce several key elements to keep in mind going forward, I offer analysis, in video format.
Shares of Cord Blood America, Inc. declined in a modest fashion after an overextended market prevailed. To-date retracements in the market have played a very natural role, only to be succeeded by further rallies in price. Friday’s trading session was an ideal example of the importance of technical analysis, and it’s application to CBAI’s market. Analysis, in video format, follows.