Could Comstock Holding Companies Inc (CHCI) Change Direction After This Bearish Double Bottom Chart Pattern

June 19, 2017 - By Hazel Jackson

The chart of Comstock Holding Companies Inc (CHCI) shows a double bottom with $1.94 target or 3.00 % below today’s $2.00 share price. The 6 months chart pattern indicates high risk for the $6.80M company. It was reported on Jun, 19 by Finviz.com. If the $1.94 price target is reached, the company will be worth $204,000 less. Double bottoms are rare but powerful chart patterns.

About shares traded. Comstock Holding Companies Inc (NASDAQ:CHCI) has risen 6.97% since June 19, 2016 and is uptrending. It has underperformed by 9.73% the S&P500.

More notable recent Comstock Holding Companies Inc (NASDAQ:CHCI) news were published by: Businesswire.com which released: “Comstock Holding Companies Appoints Joseph M. Squeri to the Board of Directors” on October 23, 2015, also Businesswire.com with their article: “Comstock Holding Reports Closing of Transaction by Its Real Estate Services …” published on February 24, 2015, Prnewswire.com published: “Comstock Opens Model In Old Town Alexandria” on May 31, 2017. More interesting news about Comstock Holding Companies Inc (NASDAQ:CHCI) were released by: Businesswire.com and their article: “Comstock Holding Companies Announces 1-for-7 Reverse Share Split” published on September 25, 2015 as well as Businesswire.com‘s news article titled: “Comstock Holding Companies, Inc. Announces Changes in Senior Management Team” with publication date: May 09, 2014.

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