CIGX has reached intial target

    CIGX

    Posted by steve on 9th of Mar 2011 at 02:10 pm

    CIGX has reached intial target  (prior resistance) which corresponds to the downtrend line on a daily Point and Figure chart.  Putting target on low priced speculative plays from a technical standpoint are more difficult but the measured move is in the 2.5-3 range.

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