CNP 0.00% 4.0¢ cnpr group

Casmac,My spin on CNP, it's been in a long term up trend since...

  1. 343 Posts.
    Casmac,

    My spin on CNP, it's been in a long term up trend since mid july, a few big dollars were thrown at it around mid september which caused plenty of hype and excitement, it was your typical pump and dump.

    Once we realised at that time it was over inflated it started on a short term correction from early october to finding support in early December at around 23c - 24c. Bit of a Santa rally to break the downtrend and now its flirting with it's old foe of resistance at 30.5 to 32c .

    When it breaks 32c it will again take off and everyone will once again be singing it's praises and doing "i told you so"".

    Long term future looks good , if it continues as it has we should see 36c around late January.

    DYOR mine is for my entertainment only >> !!
 
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