Wednesday, July 16, 2008

fun trade -- CPSL

The CPSL chart looks like having a strong support around the 3.95 region and recently, rebounded off that level. The stochs weekly, daily are also conforming, so is the MACD histogram with a bullish divergence. We think this stock has legs for a 10-15% profit, upto its 50d.
A quick fun trade post. This is strictly a fun trade for us, profitable also we hope. Go CPSL!

1 comment:

Clarke said...

Cha ching! today, pulled the trigger for a healthy 13% profit. Hope other CPSL longers had a good day too.