looks like a typical double top pattern; high of .395 on 28/9 first retracement to .305 on 6/10; second top on 13/10 of .395 and now second retracement supposed to be approx 2x .09. Not sure whether second retracement will bottom at .215 but coming days will reveal all.
I'm not an expert chartist but I've read up on double tops and avoid buying in near the tops; buying near the second retracement makes more sense but you've got to monitor what's happening.
Good Luck and DYOR
CNP Price at posting:
25.5¢ Sentiment: None Disclosure: Held
