Saturday, December 09, 2006

CMVT Analysis for 12.09.2006


Current support is at the $17 area.

Double bottom here with buyers stepping in at support.

Last of the sellers sold with big gap down into $17 area, where buyers started buying. Lots of indecision for the last couple of weeks. Friday ended with a doji on support. Watch next week to see who will win the battle.

No comments: