THIS IS A MONTHLY CHART. As stated in my earlier chart, I look for long-term investment ideas based on the Ted Warren method of charting. I look for stocks that have been an accumulation base of at least 3 years. I believe all the charts I post will have the opportunity to rise 200% of more. This will take time however. It could take 5 years, but that is still a 40% return a year.
CASM has been in two different accumulation periods starting with the first in 2009. This is close to five years of accumulation. The breakout, I believe, is starting now. The breakout price was roughly $1.80. This stock should elipse the $6 range with such a sound base being built. The stronger the base, the higher the rise.
CASM has been in two different accumulation periods starting with the first in 2009. This is close to five years of accumulation. The breakout, I believe, is starting now. The breakout price was roughly $1.80. This stock should elipse the $6 range with such a sound base being built. The stronger the base, the higher the rise.