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 (1340)	2/12/2010 1:58:07 PM
From: Jibacoa	Read Replies (1) of 1404

CYAN was 19.12% at its intraday H and is still up 15.99% at present.<g> It has 4Qs of better revenues and earnings, and the pending 4thQ results (MarchQ) are also expected to show a good comparison. The stock seems to have formed a good base at the $3.19 level and stochastics are now showing a positive pattern. Volume today is already above its ADV and seems that it should be at least double by end of trading.<g> Of course, the stock needs to close above the $4 resistance from its Feb10 H.<g> CYAN has moderate LTD, +CF and the insiders hold >25% of the shrs. I don't have a position on CYAN at present, but think that on a close above $4 it could get to test the Dec-Jan Hs around $5.75, which wouldn't be a bad % gain under present market conditions.<g> bigcharts.marketwatch.com Bernard

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