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Bollinger Bands has closed below its lower band by 38.8%; Bollinger Bands are 141.1% wider than normal.The large width of the bands suggest high volatility as compared to CVP's normal range. The bands have been in this wide range for 0 bars. This is often a sign that the current trend may be ending. http://www.stoxline.com/quote.php?symbol=cvp
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Well news came out after hours yesterday that they didn't get the contract for the new yankees stadium, but some are saying that was alredy known, and the Yankees have said from the start that they want to handle their own concessions at the new stadium.
news still may come as a surprise to some though, and releasing it after a 50% down day was a great moev by the company (sarcasm)... So I'm not sure what to expect today.
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