Looks like Commerce Planet's (CPNE) pullback may be done. The stock price openned just above its accending trendline and proceeded to trade upward yesterday. The stock hit its highest level in the previous five traded days before closing at $1.29.

With the uptrend convincingly still intact and the Stochastic indicator's downward momentum at a stand still, there is a very good chance CPNE is positioned for the next POP. Our next target of $1.45 was missed by just one penny last week. This run should easily take out that target on its way to our year end target of $2.00