Clean Diesel Technologies, Inc. commercializes its material technology by manufacturing and distributing light duty vehicle catalysts, and heavy duty diesel emissions control systems and products to automakers, distributors, integrators and retrofitters. The Company operates through two business division segments: Catalyst, which develops and produces catalysts to reduce emissions from gasoline, diesel and natural gas combustion engines, and Heavy Duty Diesel Systems, which designs and manufactures verified exhaust emissions control solutions for a range of heavy duty diesel applications. It develops materials incorporating various base metals that replace platinum group metals (PGM) and rare earth metals in coatings on vehicle catalytic converters. Its technologies include Spinel, base-metal activated rhodium on Support, mixed phase catalyst, synergized PGM diesel oxidation catalyst (SPGM DOC), Platinum Plus, ARIS, and Exhaust Gas Recirculation and Selective Catalytic Reduction.
Opened a small position in this one today at $2.25. Currently down 0.89%, targeting $2.63, but willing to take profit early if things change.
Didn't bounce off support like I was hoping. Cutting my losses if it drops below $2 as it could very easily drop down to $1.50.
Another small gamble play that I'm holding. Didn't hold the support I was playing a bounce off, and I decided to hold beyond my stop as their was more support at $2. Bounced off $2 like a champ and has been working it's way back up since. Coming up on some resistance at the 20MA and 50MA though, so I'll probably try to get this closed soon for a small gain if possible. Otherwise I'll take the small loss and not hold too long this time.
@T0rm3nted Are you still in this, looks like a big spike off of the FCAU emission cheating news. I just wonder if it will hold.
Should have had a limit order to sell this today at the open as I wasn't around the first 10 minutes so I didn't get everything I should have. Just sold at $2.60 for a 15.6% gain. Definitely missed the highs of the day, and it's gone up to $2.64 since I sold, but oh well. I bag held this long enough, was happy to get a nice gainer out of it.
Lots of resistance here at the 200MA, upper BB, and double tested resistance. Not to mention, the stock is overbought.
Clean Diesel Technologies, Inc.CDTI reported a Q4 loss of $0.69 per share, versus a year-ago loss of $0.26 per share. Clean Diesel Technologies shares fell 0.74 percent to close at $2.69 on Friday.
Dipping out of overbought area and headed back down to support at the MA's. About to see a bullish crossover of the 50MA and 200MA. Earnings is coming up later this week...
Looks like this previous resistance level is seeing some consolidation as a support level. Might be preparing for another push upwards.
