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.

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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.




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