Friday, August 27, 2010

CSCL again (2010-08-27 CSCL analysis)

The weekly chart of CSCL shows a very typical breakdown.



Of course if the price could be back to around 2.85 today, it would be a false breakdown. But it looks very unlikely. If breakdown confirms, next support is at around 2.29 which is the 1-year low.

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