Wednesday, May 16, 2012

Christopher & Banks Corp. (CBK) Technical Analysis for Wednesday, May 16, 2012

CBK has bucked the overall market trend with four straight green closes coming off a bottom support at $1.55. Some resistance comes in at $1.75, but significant resistance doesn’t show up until $2.00, which will have technical traders on alert for an overall trend reversal for the chart.

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