Commerce Planet, after breaking through tough resistance, takes a breather. CPNE has been in a solid, healthy, uptrend beginning in March and accelerating after the May low.

Stock price beginning to accurately follow the fundamentals of the company.

With news of increased revenues, expanding memberships and the vast reduction of debt, CPNE has found itself onto more and more investor watch lists.

The stock, after hitting a recent high price of $0.60 pulled back 20% to our lower trendline at $0.48.

We believe this may be the final “deep” dip before CPNE sees the $0.80 levels…. Possibly as soon as early July.