CSL above $0.58 by 18-May-2013

  • target price: $0.58 ( 68.12 % in 22 days)
  • price when predicted: $0.35
  • current price: $0.06
  • 1768 days pass target date.
- stock chart vs volume. recent two weeks trend, as stock going down but volume going down as well. So it will pickup soon.
- 0.580 may turn as new resistance or support in near future if with strong buyers support
- now at 0.340, small bullish doji star hint us on the support line with 52 weeks lowest price
- this is my first personal view after two weeks get some little info from books. I might wrong then :) but this is a good learning to know the market on business trading
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Today, there is a evening star but on bearish trend, it mean something here... ready...
Today, there is a bullish harami, so call 'pregnant' in a downtrend market, mean ...
Somehow, just think that these stocks are just a function of time.
The longer the time, the lower the averages will be
Thanks NEDsTS
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