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Sunday, April 22, 2007 

CVA - Ready to breakout ?

Chart courtesy of stockcharts

Shares of CVA rose nearly 0.50% on Friday to 24.02 approaching of the major resistance at 24.30$. Looking at the daily chart, it appears that CVA is getting ready to breakout and move up. Just my opinion. From a technical perspective stock is trading in a Bull Market with share price above 50 and 200 dma. Keep an eye on it next week.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All, Have a great Sunday !!!

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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