Sunday, May 06, 2007

CHU Monthly Analysis for 05.06.2007

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.

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