Replies to post #76275 on CBA Florida Inc. (fka CBAI)

[LABZ]

Thanks for your imput.

I have been impressed on the substantial volume
that CBAI has generated, especially this week.
I can' remember the last time we had this type of
volume!

I am hoping that all this churning without substantial
sell off, is building a base for better things.

I will be especially watchful tomorrow to see if the
strength and trend continues to hold and build.

[Nebuchadnezzar]

$.033-wasn't this specific price mentioned yesterday?

very interesting Imperial Whazoo

I will also be the first to admit that I have never heard of Gartley Butterfly Patterns until 10 minutes ago

I am constantly learning something new almost daily in terms of how the "market" works, regardless of exchange.

I have only been "trading"/ "investing" for about 3 years and hopefully have many many years of learning and experiences to go.

can you draw it up for those interested here?

trying to see what range we are looking at or was it just today's price action?? thanks



if my Fib analysis is correct, CBAI has only retraced below 50% once since the move from $.015 to $.077. After the near double top at $.063 area, CBAI retraced all the way down to $.019's which was under the 61.8% retrace level, did not break 78.6% retrace level and has been on the move ever since, hitting $.045 and falling down to around $.030 which is just under the 23.6% retrace level from $.045, if 38% level doesn't hold, it should bounce one again from 50% retrace level of $.0225, however, I would not like it to retrace to $.0225, CBAI needs to hold $.03

there is a lot going on with this one in my opinion
EDIT

buying volume- 2048149 29.15%
selling volume- 4800148 68.32%
questionable volume- 178100 2.53%

total vol 7026397

+1 Imperial

-Neb