Monday, February 4, 2008

CSC - Trigger Point

CSC remains above the neckline on the inverted head and shoulders and has also traced out a very nice symetrical triangle on the hourly chart.

Upon a break to the upside out of this triangle we will initiate long positions with a stop just a few ticks below the neckline.

Keep a close eye on this one as it has minimum potential to $46 and could do that in a hurry!

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