2008-01-19 Weekly chart ($2.20)
CDL HTrust Technical Analysis:
Comments:
Weekly Chart - a previous week bullish Symmetric Triangle false breakout proved deadly. It would have cause many investors lost more than 10% in just a week's time as share price dipped along with overall market weakness. It has also totally turned into a bearish picture with another Symmetric Triangle breakout but on the downside.
Conclude: weekly close was near to the low, selling volume was more than previous week. The situation certainly doesn't looks good, likely to further fall along 50% retracement (near $1.80)