Jan 27, 2013 - CPG, Stock Analysis    1 Comment

Consolidation mode for CPG?

Are we going to see CPG walk into the rectangle formation to loosen RSI a bit more or we are good to go up again? CPG rallied for a few days then somehow corrects a little. But is it enough?

Last fiew days ago we were asking How strong is CPG’s support line? at 23.6% Fibonacci Retracement level and it seems it proved to be strong. Now CPG is trying to advance and break the resistance line. Is it as strong wall as the support or this will be an easy task for the bulls?

Caveat!

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