CPF : Sunday’s target hit, next tgt 24.30-24.50
February 22, 2011 2 Comments
On Sunday we said of CPF… “A breakout above 22.40 places 22.90-23.00 as the first target, so consider a punt even from 21.7 for a few percent this week. The stock hit 23.80 today, but don’t go chasing it now if not already long from the breakout.
If volume remains firm, there is a chance it will spike to as high as 24.30-24.50 during the week ,but before it does it may need to consolidate around 23.40, which is a slightly better price to consider for those looking to buy.