Found a floorLooks like the chart for CAN has turned positive. Here's why IMO. Volume has recently picked up after investors have had little interest in CAN since it hit $6.50. The price has been sliding downward from it's highs on lower volumes since around the beginning of the year. This was partially because of the overall junior market along with the price of gold falling back. I would also suspect some profit taking by the big houses. With the recent good news and the POG holding up, the volume has increased again showing buying interest as CAN has created a new base with a double bottom. The MACD provided the Buy signal around the middle of October and those fortunate to have loaded up at that time have already done well. The shares are now trading above the 20 DMA of $1.80 and could soon test the 50 DMA of $2.36 providing the POG does not fall.
Good Luck
