CEMJQ and CJHBQ Weekly Chart Comparison/Analysis

Comparing CEMJQ's Weekly to CJHBQ's... CEMJQ early on, although she had some explosions, she did not have one quite this big until that move from around .13 to .48 on the weekly...it had a nice run from above three to low teens in a two week trading period before a little consolidation prior to the monster run to .48...

For those holding CEMJQ, she is churning nicely here in the 1.20 range. More churn than we have seen before above $1 pps post bk. I think this is a very good sign...Now Chemtura idled in this $1 to $2 pps range for about 14 to 16 weeks according to the weekly chart prior to it's massive drop. Since hitting the 1.48 mark late in 2009, she is starting week 13 of her current rebound from that high next week...Hmmmm....makes one wonder...

Look at the 60 minute chart...that chart is getting ready to pop... CJHBQ basically moved from the .03's to almost .12 in a week...not too shabby...and showing power just like CEMJQ in the early days...The daily chart shows some resistance in the .20's but it's the daily chart (also reflected on the weekly as well), - expect some profit taking and consolidation when we get there...beyond that, the weekly chart shows resistance in that .50 to .75 pps range. After what happened this week, I'd say it's not a crazy idea that we can't get to .50 pps much like CEMJQ did. That being said, if you had told me we would've almost hit .12 pps this week, I woulda been laughing...But it goes to show you that we could be sitting on much bigger upticks here even with consolidation along the way...

Now, what I like that you have stated before is that we have a low float w/ an os of 77 mil... This week proves that CJHBQ - once she get's some buying pressure under her belt, game on just like CEMJQ... We could be on the start of something big here. Time will tell. (FWIW...I am still holding all CEMJQ shares and have been adding since the Spring.)