re: cst my novice chart view G'day
I have followed this story largely from forrestgump and ridges excellent research. CST seems to be suffering from the show me the money, by on rumour sell on fact system. I posted a while back that the story and chart is somewhat reminiscent of ptd prior to the big fall. However the chart has improved somewhat and does in my opinion offer an excellent opportunity to enter at this price with a pretty tight stop. What appears to me is a pennant or flag formed over the last 2 months and the price is just hitting the lower line. Therefore a fall below would stop a trade out, but the possibility of a big rise, perhaps after another oscillation or 2.
Anyway, don't have the funds myself and just posting for comment/feedback on my thoughts.
cheers
Rod
Never held cst
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