It's great to see that CNIT is sticking to the range we established on 8/15. I slightly undershot the support, as it seems it's closer to $1.45 than $1.40, with heavy resistance around $1.60 as we saw on three occasions today, as well as on Tuesday and Wednesday.
Today's good performance despite heavy market sell-offs is a pretty good sign, though CNIT is still likely to trade within this range for a little longer.
I'll be in Alaska all next week so won't be commenting on the blog, though you can be sure I'll be playing this range. Good luck to you all.