"context is everything"

CGW  looks like it could move from bullish flag, but we have to keep things in context of the overall market.
When it comes to understanding the price/volume behaviour of stocks, context is everything. Things that work at times don't work at other times, believe me I know this from my personal experience, and that's why is so important to know the market underlying conditions or context. The exercise of comparing the price behaviour of a stock to a chart of the market as represented by a major market index can help you understand a stock's potential strength.

The trend is the basis of all profit.

Harry, a friend of mine has asked me a question: 

How do you know where the market is going to go ? Below are my answers to that question.

The best evidence that a market is going to go up is that it's already doing so.

The best evidence that a market is going to go down is that it's already doing so.

Think about it.

People Are Awesome.

A cool video.
http://www.videobash.com/video_show/people-are-awesome-5962

Learn from your mistakes.

Back in the early days of IBM, a young worker had made a mistake that lost IBM $1 M in business. She was called in to the President's office and as she walked in said, "Well, I guess you have called me here to fire me." "Fire you?" Mr. Watson replied, "I just spent $1 M on your education!"

So next time you take a big loss in a stock, consider it your tuition, and keep record of it so you don't make the same mistake again.