Lowest price - $11.50 on September 21, 2011
Highest price - $32.50 on October 5, 2012 = up 2.826 fold in just one year and two weeks.
It is now time for the 61.8 percent retrace of that powerful move, as longs take their profits and shorts short the heck out of CSOD
The move was $21.00
61.8 percent of that move = $12.98
$32.50 - $12.98 = $19.52
Nearest support to the 61.8 percent retrace is at $18.02
I am usually within 20 cents of my predictions and I say the bottom will be $18.06