Replies to post #138572 on Cascadia Investments (CDIV)

[Oilersrule]

Anybody can draw lines....

Where's that nice chart with the rocket ship? that's the one that applies here...

[darbyflier]

Yes. That is the corrective, lower volume up trend that is a very important phase in a measured bear move. This describes the pattern clearly http://thepatternsite.com/mmd.html

Good eye on the uptrend, corrective phase.

The stock could not make its very short target at .47 and invalidated the last premise that had me long .36 - .38 .