Post by
pro_trader on Oct 28, 2008 8:38pm
Bullish Key-reversal day
After making a new low at $1.31, shares of CNO staged a terrific come-back by closing at the high of the day...up over 15%.We need to see a difinitive close above $3.15 before we can even begin to think of a possible reversal in trend. At tis point,as long as we don't violate the low of today's hammer candle, we may find some stability at current levels.