Post by
megatronz on Dec 08, 2003 6:18pm
check this CBD weekly chart
if you look at the trendline along the bottom, you'll notice whenever the RSI droops, it starts to probe for that line. that line now lies at $4. any close on the weekly below that and we'll know there's a problem. conversly, a probe down and hold of that line means much higher price targets withih 3-6 months.
https://stockcharts.com/def/servlet/SC.web?c=cbd.TO,uu[m,a]waclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G