CST 0.00% 7.5¢ castile resources ltd

falling off its perch, page-5

  1. 83 Posts.
    My charts indicate that CST has been trending down since November 2001 and is currently trapped just below its upper trend line.

    It needs to break and advance on $1.70 to halt the trend and perhaps signal a breakout.

    Presently its at the crossroads with the 5, 20 and 150 moving averages virtually at the same level indicating that the majority of players agree with the current price.

    Volume of late has been below the 150 day moving average and needs a daily average in excess of 100,000 to show upside.

    I see the next support level at $1.45

    I do not hold this stock and make no recommendation.
 
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