it's good to see such cogent "fundamental" comments on an S.I. thread ....seriously, from a technical p.o.v., if CMTR can hold 1 1/4, it's newly formed, recent saucer chart formation, with increased volume within, may get you an upside breakout, above it's 1 1/2- 1 5/8 resistance, which, once accomplished, say, in a 2-3 month period hence, would target previous resistance in the 2 1/2 area for you all....
my "PSYCLE sm" timing approach rates it a decent upside shot (finally) from 1 1/4, with a stop just below 1 1/4....and thought I would share this with you all...been pretty good at timing a lot of depressed issues like CMTR, over the years, and it does seem to be shaping up....just be properly diversified, and adhere to stop when/if it breaks 1 1/4 downside...just one trade at 1 5/8 would do it.... best wishes to all...but, it will take a LOT of volume to get it "above" the 2 1/2 area....let's get it up there first, then update...
take care, |
