RE: Technical Analyis For LobstertitsWell shucks Stockhouse doesn't like pastings with pictures so here's the text:
- The 20 and 50 day moving averages indicate that CSI may be in a bullish trend. This is because the 20 day moving average is above the 50 day moving average.
- CSI is trading above its 20 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and signals that there has been buying interest in this stock.
- CSI is trading near its upper Bollinger Band. This means that the stock price is high relative to the action over the last 20 days.
- The MACD is presently offering a bullish signal because it is above the signal line, a 9 day moving average, and higher than 0, which means that the underlying moving averages are trending higher.
- The On Balance Volume indicator (OBV) presently offers a bullish signal. This is because the slope of the indicator is positive and shows that there is considerable buying interest.
If you base your comments on RSI/OSC only, well, you need to stop investing (since clearly you aren't very good at it) and maybe take up professional basket weaving? Anyways hang around for awhile.. You're my good luck charm pumpkin.