Traditionally, when you needed a mortgage, a loan, or a credit card, you went to a brick-and-mortar bank branch. The consumer financing industry has changed that. Consumer finance companies allow customers to bypass traditional banks and connect with loans and credit cards tailored to their needs. What Is Consumer Finance? A consumer finance company is a non-bank...
Smaller version of the pattern in the center, now CPSS looks like it's going to fulfill the larger scale the right side of the inverse head & shoulders. Pretty cool chart in my opinion. Reminds me of my $DAO idea (linked at the bottom) where the right side of the pattern does indeed make a slingshot move higher
#CPSS has been in a corrective downtrend for a while. Will this just be an ABC flat for more down or will this be another big up before the subprime loans crash??
CPSS started a downtrend in April of 2013, it oscillated around a resistance line of 7.23, and then broke lower in March of 2015, during this time time it fell from 12 to 7.50 resistance (based on monthly charts) equaling a loss of 4.50, subtract another 4.5 from 7.50 to get three, it came close to this value back in June of 2016 reaching a low of 3.30. Selling...
The stock is up 722% last 12 months and seems non stoppable. Will today's 4% drop is a start of pull back or trend reversal, only time will tell but have it on your radar break below the rising support line will suggest next support at $7.23 area. Join us www.woowtrading.net
it looks like the stock is breathing - get power for the next level buy above 9.60 with initial stop @ 8.5. volume is also decreasing according for the last price movements - it seems there is no selling pressure just consolidation 28Mar2013: change stop to 10.96 2Apr2013: target reached and closed