TSXV:CVI.P - Post by User
Comment by
cpacon Jun 23, 2005 10:33pm
104 Views
Post# 9202719
RE: no technical analysis
RE: no technical analysisVivian,
Actually, this guy is soooooo clearly a shorter who got caught out that it's not even funny... lmao.
Truth is, the technicals are very STRONG on CVI right now, and technical analyst know that even if a stock is considered "overbought" it is a condition that can for some time, i.e. we will stay overbought as we cross over $4, over $4.30 to a new high maybe right into the $5 range, before eventually pulling back to catch our breath...
The fundamentals are so strong here, the technicals take a backseat... but don't think that guy is anything other than a shorter.
Looks good,
Cheers,
Cpac.