Good Morning,
It appears those who have patience reap the bigger rewards.
Remember that little chart I showed you back on May 16th, VMRI?
at .50? That bad boy hit a high of $3.43 on Tuesday for a 586pct gain.
I know you want instant results, but at times, being positioned and
ready for what could happen with a chart is more important.
CLNT has been hitting scanners here and there as its average volume
has been on a steady rise.
CLNT has seen a few days of crazy runs but last week it did something
that completely changed the chart from a consolidation formation to
a bullish bottom bounce monster.
On June 23rd, a spike in volume, 52 week record volume, sent CLNT
from just over a buck to 1.37.
At the same time, the Acc/Dist fell like a rock.
Its rare, very rare to see a chart spike in price yet the acc/dist drop,
but for our sake, it has created a bottom bounce chart that we should
not miss out on.
RSI is riding above the soft breakout line, Price is now squeezed between
the 20ma and 50ma as it tested its resistance and support yesterday,
setting up for a potential breakout.
CLNT has made 40 to 50pct moves from these exact levels in the past,
looking at the chart now, it could be ready for another double digit, multi
day breakout.
Start your research on CLNT right away and enjoy.
Sincerely,
StockHideout
