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Bullboard - Stock Discussion Forum Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s):  SNAVF

Star Navigation Systems Group Ltd. is a technology company. The Company is focused on providing aerospace and transportation data services solutions along with hardware and software platforms that assist aviation and other transport related operators worldwide. It manufactures In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data... see more

CSE:SNA - Post Discussion

Star Navigation Systems Group Ltd > Indexes continued
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Post by pikeroo_007 on Dec 08, 2022 12:01pm

Indexes continued

All major us indexes are green today.  Tsx also slightly in the green.  But our CSE composite in deep red again.  I don't get it, Cse has been falling very fast from it's nice bull trend run and is really out of it now.  I don't know if someone can explain why this index is acting opposite to the others?  On the positive side this fast slide won't last overly long as they never do plus it seems rather fake.  Durable bull or bear trends act slowly usually.  Anyhow we need this index to be positive for our sna shares to appreciate.  In this environment i feel all bets are off for now.  More wait.  Again good luck with your trading, investing and gambling!
Comment by Manipulated on Dec 08, 2022 9:42pm
Interesting, Pikeroo.... looking at the CSE chart, that was a steep drop and quick.  You'll notice it dropped lower than previous support level... taking out stops. I believe, looking at this chart, price action would suggest that the $400 level will be eventually revisited and a follow through higher to the $750 area. It definitely will take some time but I fully expect it to reach ...more