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Old 05-04-2008, 09:43 AM
Naamplao Naamplao is online now
Junior Trader
 
Join Date: Jan 2008
Location: Alberta, Canada
Posts: 116
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Here is the SharpChart again

CLL.TO - SharpCharts from StockCharts.com

The stock has moved sideways since my last post. But look again at the shape...it is forming into a triangle and if you draw the lines it appears to be breaking out on the top side...though it could pull back a gain.

The RSI looks to be headed for 70% again, the 50dayMA is headed for the 200dayMA, the Accum/dist is bouncing off its 20dayMA.

The P&F chart hasn't changed much.

Here is the 5 day Yahoo linechart



The chart looks good for the start of the week...Hopefully we can assault the $4.50 level soon.
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I am not a broker....just a chartist that retired 4 years ago and invests in the stockmarket. Do your own DD and accept or reject my observations as you wish.
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