RE: RE: Anatomy of suspected SCAM
GEEEEEEEEEEEEEE!....
bearish cross- over 20DMA down 50DMA
https://stockcharts.com/c-sc/sc?s=CMK.TO&p=D&yr=0&mn=1&dy=0&i=t43336437378&r=9599
Last time that cross -over happened was June 2010 @ 1.7
After same crossover in June 2010 stock was tanking for a month down to $ 1.1 = 25 %
So ,25%down from here = $ 2.7 next target.
25% is coincidentally the number of coming dilution with
options dump dilution accounting to 6-7% ALREADY
in addition nice LITTLE SHORT TERM head and shoulder points to $ 3.1
Terrible accumulation indicator .and CMF
BAD ON BALANCE VOL. ind. and RSI.
And forget momentum .
Previous couple of bottoms were marked by 8 - 13 m volume .
So ,somebody has to throw $ 35 - 40 m in to stop the bleeding .
Almost as much as their PHONY capex .