Stock in Focus: Century Properties Group (CPG)

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Century Properties Group (stock symbol: CPG) is poised to take on new highs as price has printed a slow-but-steady advance since early February. 

Century Properties Group_CPG Daily chart, March 18, 2014

CPG Daily chart, March 18, 2014

There is a lot of room up north, however buyers must ensure stability in CPG above 1.50 (1.30 is possible and it must hold, if ever reached). The near-term upside target is 2.00 (keep in mind the range scenario mentioned back in January).

The Commodity Channel Index (CCI) is moving closer to the zero level as price prepares to break the ascending trendline.

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