Thursday, December 20, 2007

CSUN: Back Above The Breakout


(Click On Chart To Enlarge)


From December 18 Comment:


"...I still "think" that the chart looks okay and that CSUN "probably" will fill the 9.55-10.11 gap, then move higher..."


CSUN put in a low of 10.02 on Tuesday, at the top of the gap range, finished the session on a Bullish Hammer, then broke out again yesterday, above 11.53-11.57.


That puts 12.59 back IN PLAY, and 14.78 and 16.66 also are IN PLAY as long as CSUN trades above the 11.53-11.57 breakout.

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