Just understand that this is one read on the stock. Here is another from Market Club. Go to their website to see more. Comments anyone?
STAR SCIENTIFIC (NASDAQ:CIGX) Strong Uptrend
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Based on a pre-defined weighted trend formula for chart analysis, CIGX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Thursday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, April 26th
+30 New 3 Month High on February 1
+90 Total Score
Open High Low CIGX Price Change 4.79 4.96 4.67 4.84 +0.17