looking very promising

CSV has broken through resistance at $1.145 now and the next challenge is to convert this to support to launch the attack at $1.20. Expect the trading range to tighten between $1.145 and $1.20. The downward sloping trend line since OCT 2010 intersects at $1.20. If CSV can break through this with good volume the next line of resistance is $1.40. In DEC at the low of $1.32 it launched an attach on the downward sloping trend line and failed at an intraday high of $1.61. In Feb from a low of $1.30 it failed again with an intraday high of $1.41. A trading opportunity for those not in the trade is to BUY now with a stop loss at 3% below support of $1.145 ie. $1.11 punting on the break out at $1.20....may take a few attacks. The 2nd opportunity is to wait for the break out at $1.20 then set the stop loss 3% below it i.e $1.16. To confrim the break out add 5% to $1.20 ie. $1.26. In CSV's case given it has tried and failed a number of times since OCT I'd tend to go higher at 7.5% ie. $1.29 but you'll be giving up more profits. Intraday high of $1.18 today which is excellent but volume has decreased somewhat.