huge technical bottom, page-3

G'day Forrest.

I'm rarely this confident. I think this is major.

On my previous post, it is actually the line it broke when it closed above 1.50 a couple of weeks ago. This line goes right back to its top around 3.14.

You know as well as I CST is uncanny in its technicals. Always to the cent. Technically it was impossible for it to close up today, but not impossible for it to have dropped below 1.43.


For similar charting action, ie holding 38% over a large number of days, check out the chart of OMI from early November last year whn it held 38% of its rise from 2.40 to 3.35. After about a week it closed right on 3.01, and check for yourself what it did over the next week.