Click on charts for larger views.Featured in Barron's this weekend as a stock they like. They say CKFR could reach $60.00 in the near term if they beat analyst estimates, which according to Barron's is almost a sure thing.
CKFR is well positioned to attempt a retest of recent highs in the $55.00 area from its current price of $49.40. Looking at the 60 minute view, we can see that there is a lot of momentum pushing prices higher. If the 10 period EMA holds as support, the price will move to the next level very shortly. If the stock fails to move higher, wait for a retest of the accelerated trendline on the daily view.
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