Disclaimer

All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Showing posts with label CSC. Show all posts
Showing posts with label CSC. Show all posts

Tuesday, August 14, 2007

CSC



CSC closed at 0.32. MACD looks to crossover soon. Stochastic and RSI moving up, positive sign.

It is currently supported at 0.305 and next resistance at 0.35, follow by 0.395.

Friday, August 3, 2007

CSC



CSC is currently supported at 0.31, which is at the level before the marina IR contruct was awarded. With the oncoming project, I think it is a good bargain.

RSI show some sign of moving up and stochastic looks like crossing over soon. Not a very bullish sign though but good to see that. Look forward for the RSI to cross the 30% line and stochastic to cross the 20% line.

Wednesday, July 11, 2007

CSC



CSC has just touched the bottom uptrend line at 0.445 today and closed at 0.45.

With the stochastic set to cross over, it has a good chance of moving up tomorrow. Looking at a broader view, if DJI turn positive tonight, the chance of it moving up will be even higher.

Sunday, July 8, 2007

CSC



After recent run and with announcement on new contract, CSC has move up to 0.495 before consolidating and closed at 0.445 on Friday. It is current supported at 0.435 follow by 0.42.

With possibly more news coming out, I believe it will continue to move up after the consolidation. But the main thing to watch out is the market as a whole. With STI's MACD currently below the zero centerline, the risk is there. Hopefully it can cross back above the zero centerline and continue its bull run again.

Sunday, June 17, 2007

CSC

CSC has broke its resistance at 0.39 with high volume and closed at 0.395. MACD has crossed over and above zero centerline, RSI and stochastics also showing strength. Bullish sign.

After this break out, with the bullish signs and the possibility of getting more contract from the IRs, looks like it will move further up.