IOO the first target for CYDE should be the possible company target of approx .555 based on the recent filing and that's depending on whether or not they plan to go long term or just trade it. Personally, if I were the company I wouldn't feel comfy until we were back above a buck just because of market conditions. You're right about folks reading charts differently. We tend to rely on the Renko bricks 1-60 min charts to watch for supports, resistances and most probable breakout pts. Keeping this in mind that it is a weekly pincher and from our last experience with one ( TBSI ) which began around the weeks of 13-20 June. That particular stock was under a severe amount of duress with rumors of bankruptcy I think. Daily chart. It was a nice-un. This is the TBSI chart for reference. If I'm not mistaken that went on no news and as you said we are kind of expecting some news here. Anyhow will this stocks weekly pincher perform the same way. Would be sweet but could be many variables. It's gonna have good and bad days just like the rest. The charts look ready and look great ioo. Current SS according to yahoo finance and AMTD is, Shares Outstanding5: 26.17M Float: 17.68M
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