Looking at the weekly chart 5.90 to 6.10
Looking at the weekly chart above you can see quite clearly where historicalsupport lies. The $5.90 - $6.10 support has been evident since early ’97. This zone representsthe most confident area in which to enter into a long position. Given this is 50 cents away it is the million dollar question as to whether it will fall this far to get set. Perhaps it is better to regardthis zone as the stop loss level or level of potential downside if entering a long position now.
CML Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
