I didn't mean to rile anyone by expressing my views, I can assure you of that cos I want CSR to go up. But there is a down trending channel and the baseline does sit around the 2.83-2.85 mark.
The good thing is that it's not far from it and I'm actually getting ready to top-up. But if it meanders back down and continues down then it becomes the opposite of blue sky and there's no knowing where it will go to from there.
I know CSR is a good solid company and if it puts out a good report then it'll probably zoom up but please realise there's lots of good companies that can keep going down for many good reasons and sometimes charting is all you have to warn you of these things as we don't have access to inside information. On saying that, I don't put all my faith in charts, I do a fair but not all the time.
Catch you, I'm getting ready to top up![]()
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