It is sitting at the base of the Bollinger band. Plus the doji candle stick today suggests the selling has reached the point where sellers are not too sure if they want to sell lower. It might rebound on Monday. But then again if we don't get enough buyer support it's hard to say it won't go just a bit lower. I have set an alert for myself on this stock at 30c. It it touches 30c I want to know about it. It just came on to my radar today as I searched for oversold stock.
CEU Price at posting:
31.1¢ Sentiment: LT Buy Disclosure: Not Held