Important CNWI Update…..Please Read!
Sep 16th, 2009 by beststockreport
CNWI launched off in the morning and hit a new high of $0.94!
Even CNWI can not go up forever…as investors took profits.
CNWI then pulled all the way back to $0.51 but CNWI is so resilient that it made a huge come back to almost close positive on the day!
I mean we can not expect a stock to go up forever it just is not fair.
After 9 days straight in the green and up 840% in those 9 days, even CNWI needs a pullback to keep going higher!
It was absolutely crucial for CNWI to pullback today! Even more so than closing higher!
What this did was build a new strong base that was needed badly at the 68-75 range…now CNWI can go higher!
Here are 3 confirmations to back up my statement:
#1) The resiliency of CNWI to come all the way back to almost close positve on the day confirms strong positive money flow that should spill over through the week!
#2) Barchart.com put a 100% buy rating overall on ALL 13 dynamic indicators! I do not think I have ever seen them do this! Just this alone will have investors going bananas this week!
This is different from the other rating as before it was lacking the 100% long term dynamic indicator in which today it confirmed!!
This is huge because it sets the stage for CNWI for the long term!
#3) CNWI put out huge news after the close that it will be offering its current inventory of monitors at or below cost to patients through its retail networks as it makes preparations for its next generation of cardiac monitors.
This is awesome news as people with heart problems with low income can take advantage! CNWI will still get the monthly payments though so it could be a huge revenue stimulator!
As I have been saying any pullback is a gift and right now is a perfect opportunity!
Staff@MonsterPennyStocks.com
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