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May 31, 2010.

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Friday, May 7, 2010

CSE Global - Break the Up Trend Support

CSE Global has broken an up trend support and currently trading below 20D and 50D MA. The candlestick shows a potential formation of a Morning Star but need to wait for the confirmation of next trading day. Next immediate support is at $0.86 which is a 200D MA support and also 61.8% Fibonacci Retracement Level. The stock has to go above $1.00 to keep the up trend in tact.

1 comment:

  1. Morning Star seen today! Have chance to move above the up trend channel!

    ReplyDelete

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