Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

Reason for optimism

[JYBJYB]

We barely finished on the better side of the "tops" trendline.   The 9, 20, 50 period averages have bullish crosses on the weekly time frame.   The 20 ema is right on our tail.
Even a sideways move is a small victory right now as time is on our side (with respect to the trendline)
That does not mean we couldn't set up in a newly formed descending channel, but this is just prognostication. 
Analysts view aside, until the chart and the earnings report/forecast show true direction, we should all remain cautiously optimistic imo

[Dementedaccount]

  Good post...also dips are being bought and down days are on lower volume which to me are good sign...agree with the forecast comment...also this is acting very similar to $SPB before sale announcement and M&B building its position...there is a big buyer soaking up volume. Hopefully outlook is good...I think key is a big volume break above $7.40 per share...GLTA

[JYBJYB]

A post from another company has got my wheels turning. Brookfield infrastructure.  Could they (or their ilk)  be interested during this temporary weakness.  If so, I feel their time is running out.