Here's my take on CSR, not sure what happened around the 17...

  1. 32 Posts.
    Here's my take on CSR, not sure what happened around the 17 Feb.

    Weekly


    Chart has bounced off an area of significant resistance (200ma, 38% fib and previous area of support) on weekly so not looking too shabby. However, still in a steep downtrend and would wait for a higher swing before going long.

    As for daily, daily looks like most charts on xjo. Note the gap to the left, and stoch's turning up. I would suggest caution if thinking of going long with a gap and 200MA above you however depends on how the XJO acts on monday (thats how most stock are trading atm). Guess the upside is a gap fill and a test of the 38% fib.

    Daily
 
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