movement in the SP, page-27

CNJ chart seems very symmetrical, once again it looks like a lot of lines are drawn but there is only 3 (4 if resistance is included) then they have all been duplicated multiple times over. Even the purple/pink lines are a mirror image of one another and look at today's close... closed right on it. All the lines seem to have a confirmation or a bounce off it which is what chartists like to see.

As you can see in the 2nd last candle, it tried to break into the channel last week but failed... this week it has broken through the bottom of the channel but will it hold it by tomorrows close?

I haven't been following CNJ so my knowledge on announcements/what is currently happening is limited, but over the last 4 weeks there has been a good rise in the stock price (nearing 100%). One would be tending to think some might be willing to lock in profits so a pull back to 0.036 which could be turned into support with a bounce off it to confirm it is actually there. 0.047 is the high so unless an announcement comes out before it reaches that, there would be an influx of sellers as it is the highest of resistance at the moment.