Saturday, July 26, 2008

CWTR - Turning Around

CWTR - Nasdaq.  Coldwater Creek Inc has been bottoming for most of this year after being sold off from its highs near $30.  The buyers are now coming back as can be seen by the turn around in the OBV since mid January 08.  A health sign of early accumulation taking place.  A breakout of 7.00 on increased volume, perhaps ~ 10 or 15m would constitute an entry.  Has gaps to fill at around $11 and the $17 so a lot in favor here for the medium or long term.


0 comments:

Based on original Visionary template by Justin Tadlock
Visionary Reloaded theme by Blogger Templates

Visionary WordPress Theme by Justin Tadlock Powered by Blogger, state-of-the-art semantic personal publishing platform