Commerce Planet looks to have found support in the 90 cent area (a previous resistance level in early August). The Stochastic indicator is hinting at slowing to stopping downward momentum, and the stock price has made "higher lows" the previous three trading days.

We DO NOT believe this run is over. As we have stated repeatedly throughout the blog and our email news alerts , we have $1.25 and $1.45 as the next price targets for CPNE.