Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1241)	9/15/2009 9:10:51 PM
From: Jibacoa	Read Replies (1) of 1404

CFLD closed up 33% and was still doing well AHs.It closed above its Sep 1 H on volume of 1,788,302 > 10x its ADV. bigcharts.marketwatch.com The stock also closed above its Apr 2004 H and the next resistance seems now be the Jan 2002 H at $4.83 The Jul 2000 H of $24.38 and the Jan 2000 H around $63 are too far away.<g> bigcharts.marketwatch.com CLFD has no significant LTD, it has +CF and although revenues were not good in the 2ndQ, both the revenues and earnings were better on the 1st and 3rdQs as well as for the 9 months. Today's spike was apparently triggered by the news that Arvig Communication Systems, based in Perham, Minn.,which is a full-service telecommunications firm providing service to more than 40,000 access lines in northwestern Minn. said it will use CLFD's products, which according to the company,are 'environmentally tight', so they’re dust free and rodent proof and also are efficient and cost effective.<g>. Bernard

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