Post by DJF on Oct 9, 2004 15:50:35 GMT -5
[Stock query]
CDSS has performed very nicely. Beyond $2.60 it is a little too extended to be buying and the 200-day MA is lurking above. However, the 50-day SMA does look a good entry point (currently $2.17) as this short term move up needs to consolidate to confirm a bottom is in place (otherwise, what we have now still could be viewed as a bear flag - although the upside volume would discount that).
stockcharts.com/gallery?CDSS
DD as always,
DJF
CDSS has performed very nicely. Beyond $2.60 it is a little too extended to be buying and the 200-day MA is lurking above. However, the 50-day SMA does look a good entry point (currently $2.17) as this short term move up needs to consolidate to confirm a bottom is in place (otherwise, what we have now still could be viewed as a bear flag - although the upside volume would discount that).
stockcharts.com/gallery?CDSS
DD as always,
DJF