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#1 hiker

hiker

    independent trader

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Posted 10 January 2006 - 09:46 PM

http://stockcharts.com/gallery/?cbi

note the declining tops trendline...my guess is that a sustained move above will eventually take place.

Analyst initiated a buy today, following yesterday's swing low retest.

$23 area has been working so far as a bottom-picking entry with a manageable stop. Upside trendline break may be another entry signal. Company accounting issues remain unresolved.

article today:

http://biz.yahoo.com...mover.html?.v=1

Edited by hiker, 10 January 2006 - 09:46 PM.