chris407

$cssi descending wedge

Long
OTC:CSSI   Costas, Inc.
This is starting to long tasty for a long. I'm out right now since I like confirmation of a reversal. I will pick up half position if it drops to the 7s since I see that as the very bottom area of the wedge. Then my entry for the other half just outside the top of the wedge in case of breakout. In the previous wedge breakout, the move up was very strong. Lower than previous wedge's low and its over. Positive news and this could be a nice long term play to challenge previous highs. (long term is relatively speaking, this is OTC after all).

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