Will Wong

CBL: Great Potential. EW ABC correction near completion with C

NYSE:CBL   CBL & ASSOCIATES PROPERTIES INC
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near bottom channel. Wait for the 1-2-3 points to develop.
Jul 11
Comment: Since the printing of an ATL, it has broken out of the downtrend line, broken out of the iHnS neckline, printed two higher highs, and a higher low. Also a perfect match of the wave 3 target and iHns Target
Sep 11
Comment: Short squeeze.....60% in 2 days. NYSE required CBL to maintain stock price above $1 for 30 days....Exeter acquired 11% activist shares. Short float 28%. Outstanding shares 173M. Short volume 44M. Volume in the past 2 days 20M. Expect another 2 days of short covering
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