6-4-08 : CEP Dividend Stock : Trade Setup

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  • 6-4-08 : CEP Dividend Stock : Trade Setup

 CEP is a Stock that has been consolidating for the last couple of months and now looks like it is ready to start moving up.      The current Dividend Yield for the stock is 10.70% every Quarter.     The last dividend date was 5/6/08.     With the dividend component along with the POTENTIAL upside, this looks like a good setup.
Below is the chart with the bullish entry, stop, and price targets.
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