Above Daily Chart posted previously on 27/4/13
Above Daily Chart (scanned on 3/5/13) show the Moving Averages and CCI
CSI Buy Signal - Cordlife (Follow Up)
On 27/4/13, I posted the Cordlife chart based on CSI 3rd Buy signal. Currently, the stock is oversold. It is moving down towards the 20MA. The first support is at 0.685 and next support is at 0.65.
When one enters a trade using the mechanical trading system like CSI, one should also exit by following the system. By removing the responsibility from the trader of having to choose the entry and exit, the CSI expert is supposed to help the trader overcome emotion. With emotions eliminated from each trade, the trader may be in a stronger position.
To find out more about the CSI Trading system, come and join us at our events.
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UPCOMING EVENT:
Collin's Client Meeting – Stock Market Technical Review
Come and join Collin as he shares his views on the Stock Market using Technical Analysis. If you are not a client yet, we welcome you to attend the seminar to find out what value-added service we offer to our clients.
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EVENT DETAILS
Date : 7th May 2013 (Tue)
Time : 7pm - 9pm
Venue : CyberQuote Pte Ltd
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