Monthly chart shows upside momentum building; CCI indicator is in the overbought area. Price cleared the major LIS at the $13 to $13.30 area.
Weekly chart shows profit taking into the new high at $15.39, which is a .886 fib level. Current support can be seen to be at the $14.50 level.
Daily chart shows price to be currently above all moving averages at this time.
Sunday, May 06, 2007
CHU Monthly Analysis for 05.06.2007
Posted by TraderZ at 5/06/2007 09:12:00 AM
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