CBIS Weekly Chart: 4 weeks down - Ospreyeye: Japanese Candlestick patterns

Posted On: 07/06/2014 3:11:34 AM

Post# of 777

Posted By: Ospreyeye

CBIS Weekly Chart: 4 weeks down & looking for a green candle or Doji to set up the rebound........after rallying for 3 weeks CBIS hit the 20 DMA @ 0.121 resistance the 1st week of June and pulled back.........CBIS broke the 7 & 10 DMA support levels last week.........looking for a bullish reversal pattern to form off MA's(7 & 10) support zone..........when candles form above the 20 day moving average you'll know it's Showtime!..........$$$

http://stockcharts.com/h-sc/ui?s=CBIS&p=W...5110871294

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