Here are my thoughts on CSLI am with the bears on this one. On...

Here are my thoughts on CSL
I am with the bears on this one. On the first chart we look to have completed a range (showed this by price value). The momentum indicator is a custom indicator for the program I use which is used for finding divergence. A steep drop off like this on the indicator could mean a big move.The red dot with the six above it is an exhaustion dot which are used for picking possible tops.Now I would love to see this make a high on tuesday as this would give a nine count which is great for tops and bottoms.

The second chart I have had a play around with Hapete's Dema indicator. I like the fact that the red and blue lines have alot of space between them and the main black line. I may be wrong and hopefully haspete will be able to clarify but from what I have seen this could mean a big move is coming.That gap or the 195ema look nice short term targets.