CSWC in the past 3 months has seen a rise in prices all the way up to $28 and is now due for a correction. Currently buyers seem tired and CSWC is struggling to find new buyers at these current prices. Based on the details outlined in the chart I have reason to believe that CSWC will decline in price in the next few days. I actually look for it to sell below its current Average True Range Daily Low of about $23.50 in the next few weeks.
That is mainly because of what I see in the weekly chart. Where the TTMSqueeze, TTMWaveA, and the V-Score are all posturing for a downward move. (See Chart Link for More Details)
(Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.)
That is mainly because of what I see in the weekly chart. Where the TTMSqueeze, TTMWaveA, and the V-Score are all posturing for a downward move. (See Chart Link for More Details)
(Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.)