Early TA Comment and chartHi -- Someone asked for a ta and chart, so, here it is.
CMK is looking just fine -- we had a nice pop to 2.68, but soon the sellers knocked it back again. This is going to be a struggle today -- between the short sellers and profit taking -- I would let it ride for now - there is no sign of weakness at this point, except for the long upper shadow -- this shows that the sellers are fighting hard to keep this stock down -- so, watch that shadow -- and watch the volume. It is too early to make a move, but will be important to watch the trading for the next few hours -- it has the potential to be a top, but, if it can move back up over 2.50, all is still okay -- so -- I say sit and wait at this point -- I have not sold a share -- if it breaks under 2.25 -- I will be history , but otherwise -- let it ride. Here is the daily chart today -- will post another if and when the situations changes - stay turned. Zeta
