Target price for CNC
Based on recent movements in CNC, I could see a target price of about 260-270 in the next little while. That would put us in the approximate double category from the lows of 140. Which would align with the previous times that I posted earlier on about. We're hitting some resistance here but $2 will certainly be a spot to watch, also 218-220 and more importantly the 260-270 area which I expect will be rejected the first time up there. Then we have the good old $3 resistance which is a classic. We will assess at that point and see where we stand. There's a lot of work to do on the way up. GLTA