Firstly, I am not a pumper and long on CEDC. I have been observing stocks based on technical analysis. As for the questions on FIBS, I am not sure what this engine uses internally. That's why I included the link. Ususally for short term, this analysis works quite well provided the market moves up andthere is no other external factors like EU is these days.
Based on this analysis the stock should move up to $8.2 in the short term (30 days).
Here is the link to the complete analysis:
Please let me know if you have other algorithms and let me know what are your thoughts.
You said: "The Fibonacci technical for the short term is indicating a bullish indicator"
There are several Fibonacci indicators: Time zones, Arcs, Retracement Lines and Fan Lines. Each of them can be targeted at a specific time period, and will yield different results depending on what time period you are analyzing. So I asked which of the indicators, targeted at what time period issued a bullish signal, in your opinion?
This is fantastic news. I read ths article in detail and it sounds like the management is acting in an appropriate manner to safeguard the value of the stock, which is very key at this point. The stock is totally oversold and once the market recovers, I see this stock exponentially grow in value. The Fibonacci technical for the short term is indicating a bullish indicator. Keeping my fingers crossed. GLTA ...