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Author Topic: CNTE - Huge Potential this week
dot_ob_trader
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Starting a thread for CNTE due diligence and discussion.

This is what i see in CNTE so far :

It has a bottom of $0.50 of which it bounces to higher levels typically near $1.00 or beyond.

Back in March it went from $0.55 to $1.95 in three days so you can see the seriously huge potential for profit here.

Right now I see that it's starting to repeat the pattern of bouncing upwards from $0.55. (It dropped from $1.10 to $0.50 over three weeks, then started inching up and closed high on two consecutive days of regular volume at $0.60, which is the 50 dma - breakout point)

You can verify all this by looking at the chart yourself.

I don't know about you guys, but I'm expecting it to repeat a big move here

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This is all in my humble opinion only.
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