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Cyberonics Inc. Message Board

  • thetechtraderca thetechtraderca May 2, 2013 7:41 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on CYBX at TheTechTrader site noting: Cyberonics Inc. (CYBX) has a massive, year-long head-and-shoulders top on it, and a beautiful trend line channel that formed over the last couple years, until it plunged this past January. That was followed by a wedging-type action, and then a slow, easy, steady rollover. It reached 42 1/2 right on the support line, or neckline, from the massive top. If 42 1/2 is taken out, it could move down to 39, maybe even down towards 36 pretty quickly.

 
CYBX
58.76-1.27(-2.12%)Jul 2 4:00 PMEDT