$CEMI I made some $ on a trade Tuesday. Then got disappointed when it failed at a break out over resistance in $4.30's on heavy volume. Then I abandoned it Then yesterday AH I went back in after great CV news out and still couldn't make money.
Conversation
Then today I watched early but light volume and failed to hold breakout again told me stay away.
If it was the real deal it would of been hot premarket and up in the high $4.00's. Just wasn't meant to be for me. My thoughts on price on Wednesday and timing was off.
1
Now the stock is even breaking down on it's chart.
No one is buying.
Can't see whats going to stop it from getting whacked back down short again if it reaches resistance like last time.
So I don't see me trading it here.
Replying to
Though I thought a "Diversity" stock seemed like it could be a good idea and a possible big winner these day.
I don't see it going up on heavy volume so for now I stay away.
1