Well, i thought the bottom was 24.5 cents, the chart indicates that is the 50% fib and not a lot has changed.
Monday will leave plenty of blood on the floor, and CNP may still flirt with that price, although most of the drop the other day came from stop losses being hit.
I doubt there are as many people setting their stops as close as they did, now they have witnessed the volatlity of this share.
If you intend to stay for the long haul, (wise) then a few cents either way won't make or break the bank, it's almost been a 10 bagger for a few of us on here already.
I can still see it flirting with mid to high 20s before it finds a home at around 32 before a decent leg up and fight at 38
DYOR, i throw darts at a board. !!
CNP Price at posting:
30.0¢ Sentiment: LT Buy Disclosure: Held
