CXZ Trades in the Clean Energy sector, a sector that is on fire! Our latest big gainer in this sector were shares of PEIX and currently BLDP. Now we are targeting shares of CXZ. CXZ is a pure technical play with a classic bottom of 100 or more days ago low, up-trending shares sitting at previous resistance and classic 50 RSI cross price acceleration level set-up. Near term target is top of trend channel at .50c. Fundies are of no value in shares of CXZ, this move is all techanical. This is a musical chairs play, don't get greedy.
No comments:
Post a Comment