Posted On: 03/23/2014 1:54:26 PM
Post# of 2559
CMXI Daily Chart ~ Holding Near Highs in this Current Swing Trade
Our entries in CMXI from the high .40s and low .50s are being to show returns in excess of 20%. CMXI is a slow but steady mover when on the upswing. Thursday saw the break over .58 which I mentioned in my last CMXI post. A close above the last Jan highs of .64 would suggest a move to the .68 high of early Dec. The MACDs are looking good. And with the weakness in the bio sector on Friday, I can't complain about a .02 drop for the day with CMXI up over 8% for the week. GLTA
Our entries in CMXI from the high .40s and low .50s are being to show returns in excess of 20%. CMXI is a slow but steady mover when on the upswing. Thursday saw the break over .58 which I mentioned in my last CMXI post. A close above the last Jan highs of .64 would suggest a move to the .68 high of early Dec. The MACDs are looking good. And with the weakness in the bio sector on Friday, I can't complain about a .02 drop for the day with CMXI up over 8% for the week. GLTA
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