CM update

cm aug 2011  CMmar22 2011

 

On the left is today’s chart; on the right the view earlier this year on the 22nd of March. Apart from the slight throw-over the stock is doing precisely what should be expected after a completed B-wave. The stock is now down $14 from $85 to $71, it should continue to about $43 before finding some support. After that it should go lower.