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dmlabuda

04/15/12 2:49 PM

#61364 RE: Chrion #61339

As long as the price is trading below the 200 candle moving average on any time frame chart, that stock is in a downtrend on that particular chart! Having said that, CBIS is currently in a downtrend on its 15-minute price chart as well which means that DOWN is the current short-term trend as well as long term trend.