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Beware shorting CTX. It has made a bullish flag pattern and the...

  1. 673 Posts.
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    Beware shorting CTX.
    It has made a bullish flag pattern and the upside target is $16.

    Of course, all points in previous posts are relevant (such as the $AUD...etc) and may affect CTX's ability to fulfill the breakout target of $16. But going by the technicals, the market is telling us that it has $16 in its sights and Shorters should stand aside.

    Whichever way it goes, we should be better placed once those damn European get their act together TONIGHT!

 
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