Monday, April 06, 2009

CXM

There are several technical and fundamental reasons to like CXM. I've been buying lightly recently based on the story and the chart.


The fundamental story is here, Cardium is a $77M company with three blockbuster avenues to profitability:



Technically, if $1.87 is taken out anytime soon, $3.50 is targeted by EW analysis.

A

2 comments:

Anonymous said...

Thx Allan,
In case of cxm ,should we wait for a dip(if any)?
Thx for TGB
Serge

Allan said...

Serge: Look at the chart, if your first impression is "Wish I already owned it" then Buy it. If first impression is anything else, stand aside.