CNO - CNO Financial Group, Inc - NYSE

[Stretcher75]

This had another good day... wish I would of held on to this...

[ShyTrader]

After the ABMD, maybe this is a good sign... I lost more on ABMD, but I'm doing well on CNO.

I almost sold just before the market closed at about .88, but I noticed the DI+ is low and raising (plus it just crossed the DI-), and I noticed the RSI is only at about 50% and in an upward trend, and the PSAR is still on the bottom, and the volume (since Mar 2nd) is at or above above average (visual inspection of the line charts) I decided to hold.

Not really sure where to put support or resistance on CNO. For the last 6 months or so, there are a LOT of short resistance points at (about) $1.40 and $2.00, $2.80, but they are not real well defined. (I mean they are several pennies apart and not really "strictly" defined. - If that makes sense.) Since the bollinger bands are also narrowed, I'm hoping for a breakout going up, and thinking that since these resistance points are more "range" orientated, they are not going to be as hard to break. (I've not seen this kind of thing before. Does that make sense, or am I getting ready to take a bath?)

I don't know how you guys guess (or know) how high a stock is going to go especially with this stock. Any thoughts or learning experiences would be appreciated.

[Dr PennyStock]

It has resistance at 1.03, 1.31, 1.35(MA50), 1.43 and 1.62, the +DI needs to cross the ADX line, it will not be easy, but, it's an hold for now.

[CB]

Nice.  Glad I held 1/2 my position.

1.06 x 1.08

[ShyTrader]

It has resistance at 1.03, 1.31, 1.35(MA50), 1.43 and 1.62, the +DI needs to cross the ADX line, it will not be easy, but, it's an hold for now.

(More insight please.)
When I look at the chart (using what I think is yours) http://stockcharts.com/h-sc/ui?s=cno&p=D&b=5&g=0&id=p70307335933 , I see the 1.03, and your 1.63 now that you point them out.
I don't see the 1.35. Any help would be appreciated.

Question: The 1.41 and the 1.42 (on 2/25 and 2/26) I was thinking one might also incorporate the two preceding candles that had a $1.50 high, and a $1.54 close. These 4 days are about 10 cent gap, and nothing else is even close.

I thought as long as the DI+ was over the DI- it was good. Is there something that explains this a little better? I am not real familiar with the DI, I've mostly used Stochastic and bollinger's and a little RSI. Since I've been reading stuff here I've been looking more at the DI, but have not seen much on explaining it.  Thanks.