Ann: CSR Limited Media release for half year results to 30Sept15, page-8

Agree with you reggierabbit for the profit takers for those that got in at $2.70-$2.75 and the shorters that use technical analysis to sell at $3.20 resistance level. For me the ST target is $3.85 now that CSR has tested the $3.20 target and retraced. Some people will wait for the breakout of the $3.20 level as an entry point.
For a fundamental investor like me, any retracement is a good opportunity to add more into CSR.