The US market has had the "V" reversal as has the Aust market that almost always signals the bottom, in the same way that the inverted "V" almost always signals the peak in a boom as panic selling gives way to relity as people realise just how undervalued some stocks are.
There is now likely to be a run up, with the days pattern in the US showing real confidence coming back (after initial exuberance). This may last for a few days or a few weeks and may be followed by another dip - though will be more ordered than the last and less severe.
I'm not in CUY after stopping out at $1.98 (annoyed as almost sold at $2.40) and shouldn't be ramping it as I want back in Monday (would have been in Friday if I had been at a computer). I very much doubt I'll get in for less than a dollar though at that price upside is still up to about $5 per share within 18 months. If only I'd sold everything a month ago I'd have doubled my stock-holdings today!
CUY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
