Thursday, August 20, 2009

Did we not call it?


We posted a CKSW update last night highlighting the channeling opportunities in this ticker. The stock seems to be trading a patterns between $6.80-$7.20. This sets up as a day trader's delight. Sure enough, the chart to the right will point out the same trend. Highs today as of 1 pm EST at $7.19 and the lows hitting $6.84. The stock is now attempting to make another uphill climb and should settle close to $7 for the closing price. If you are a day trader you should keep an eye on this ticker for the trading opportunities it presents.

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