ALGO Update: CSR Is Finding Support at $4.50

Our ALGO engine triggered a buy signal on CSR at $4.64 on June 15th.

The “higher low” pattern is referenced to the $4.36 low posted in November of last year.

You're not a member!  Trial today!

Internal momentum indicators are beginning to firm suggesting solid investor support in the $4.50 area.

CSR will pay a 13.5 cent dividend in November and we see a medium-term upside target around $5.45.

CSR

 

 

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2020 Investor Signals