RE: Zeta...What is in the Candles for us?Hi Fats -- Things have not really changed since last night -- the chart is very bearish. That was another bearish black candle today and the third black candle to gap down . As well, CMK has now broken the support at 2.08 and has also broken under the support at the 20 ema -- I think the stock is going lower tomorrow, likely to 1.80 or so. This is not a good time to be in CMK, as it is moving into a downtrend and now has many willing sellers overhead - sellers just waiting to get out even. I think it is now a matter of do you want to lose a finger or an arm ?? As this downtrend momentum builds, after 1.80, the next support is $1. Even if CMK manages to fight and hold at the 20 ema -- there is so much stock overhead that it will take time to clean up -- permit or no permit. I know this is not what you want to hear - but that is what the chart is reflecting . Sorry for the bearish outlook - I hope I am wrong, but it sure looks like there is a lot more downtrend. Good luck with this one Fats -- Here is the daily chart. Zeta
