jmalone1224

Shaping the Future: $CIMT

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Even with the H&S , it's still showing an upward trend.
See the 3 supports and attempts to breakout: 2x.
But, the bearish engulfment and the spinning top (last 2 consecutive days) worry me. Also the valley from right shoulder.
Let's hope this upward trend doesn't reverse, and we can see $11 this summer :)
After loading new bars from Tue & Wed. we still don't have a close below its support; which is good. Today will be the real test and decision maker for those invested in $CIMT. Let's see what happens!
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After loading the new bars for today, Wed. May, 15. you'll notice $CIMT staying true to this chart; not breaking past its second support. We should be seeing a gain tomorrow, or a bounce off of the support with a gain on Fri.
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