G'day Alpha,
I know we look at CST with slightly different perspectives so I hope you don't mind me chipping in with a thought or two.
If I read your post correctly, then you are syaing that there is a possibility that CST has now (just) broken down through a support and could therefore continue down. (In future, just for the dummies amongst us, could you end your post with an UP or DOWN - took me 3 minutes to analyze what I think your post is saying) :)
Frankly, CST is not going anywhere now untill we get some news of sales. CST has now passsed that "early high speculation" stage where rumours and innuendo can drive the price very quickly. CST is now reasonably quantifiable and most people that have studied the stock will have a pretty good idea of what to expect.
The volumes trading recently have been very very small (it's a month since we have had a 200k day). This in itself may perhaps have an effect on any TA predictions? The low volumes perhaps also indicate that once again we have a majority of holders and probably very few traders in the stock. I do know of a few holders who are still picking up bits and pieces here and there.
Those who have a low tolerance to boredom will have alraedy left the stock.
Of course I don't deny that once CST starts moving (UPWARDS) the traders will jump on board, as usual.
Preliminary annual should be out within a month.
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