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Re: starbuxsux post# 17011

Saturday, 09/07/2013 6:05:44 PM

Saturday, September 07, 2013 6:05:44 PM

Post# of 29204
$CPST - Pinch Alert!

My experimental 13-period BBs had already pinched.

Regardless, I'm more concerned if price will break out of a potential short-term descending trading channel or make a leg up towards resistance now.

The resistance only has origin and one touch, but for now the price did "bounce" off of it, so there's at least a chance it won't break down out of the channel.

Look in the red circle on the right side for the short descending yellow channel lines and the orange BBs.

Cpst 1 Yr Daily Chart 20130906

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