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Charts courtesy of stockcharts.com

Tuesday, December 9, 2008

CSKI


CSKI caused a bit of confusion as I had several scans going during the course of the day, and this popped up as a new high. I took a look at the chart on stockcharts, and lo and behold, this is well below it's high. It seems that this was listed on the Nasdaq in mid September (blue arrow) and before that was an OTC stock, which are not in the Finviz, yahoo, or incredible charts database, but are in stockcharts. (It is not in clearstation's database at all.) If you only look at the data since it was listed on the Nasdaq, then this is a breakout. However, it had a sharp pullback toward the close. CMF really doesn't look good here, but relative strength does.

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