RE:RE:RE:RE:RE:RE:Last chance technicallyInitiated a small long position in CMMC at $2.85 based on fundamentals.
The technicals are still bearish.
The 50-day about to cross the 200-day SMA for the death cross, although the 200 day is still in a solid upward move.
The downward trend beginning in May still has momentum.
Support at $2.75 is still holding. Next one at $1.85. Yikes!
Fundamentals are excellent as long as CU stays above $4.00/lbs.