CFFN technical analysis

[hooligan]

We broke below a support line formed since Aug 27th and are sitting right below a support line formed since Aug 10th. Hope we hold up.

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[hooligan]

realizing: breaking below may not matter. 10.80 is the more relevant support level.... which is at the very bottom of the chart. it's all quite short term.

[Yodean]

realizing: breaking below may not matter. 10.80 is the more relevant support level.... which is at the very bottom of the chart. it's all quite short term.

CFFN:

-monthly: fairly neutral, appears to be consolidating/bottoming before a leg to the upside;

-weekly: oversold, consolidation/bottoming pattern;

-misc.: sold off a bit on July 29th on news that Q3 earnings surprised to the upside;

When a stock that has been trending downwards continues to drop on positive news, I tend to view that as bottoming price action (i.e. divergence between news & price movement).

Overall, to my eyes, CFFN looks like it's bottoming/consolidating before another leg up. Then again, I tend to be overly optimistic about my holdings.

[Budge]

realizing: breaking below may not matter. 10.80 is the more relevant support level.... which is at the very bottom of the chart. it's all quite short term.

CFFN:

-monthly: fairly neutral, appears to be consolidating/bottoming before a leg to the upside;

-weekly: oversold, consolidation/bottoming pattern;

-misc.: sold off a bit on July 29th on news that Q3 earnings surprised to the upside;

When a stock that has been trending downwards continues to drop on positive news, I tend to view that as bottoming price action (i.e. divergence between news & price movement).

Overall, to my eyes, CFFN looks like it's bottoming/consolidating before another leg up. Then again, I tend to be overly optimistic about my holdings.

Pulled up some of my charts:
Quarterly - ugly, in a downer
Monthly - interesting. Finely balanced, could go either way. Direction to be determined by weekly, daily
Weekly - down
Daily - toss up. Maybe another down leg.

My choice this Sunday am is will I pull up Think or Swim intraday charts or go outside and soak up some rays?

See ya