Cashbuild is in a bullish flag and preparing for the skies. A breakout of the fag channel will set us for bullish.
"Hoping" for a inverted right shoulder to form from this and then a neckline break on this weekly chart. Waiting
Cashbuild seeing a bounce a short term up wards move is possible on the coming days
After the backup (BU) to the redistribution trading range Cashbuild is starting with the markdown.
Cashbuild has broken out of the redistribution trading range (TR) and has attempted to rally back into the TR (See post below). The 26000 level has proven strong resistance with high volume rejection. After this strong selling, we can expect the markdown to continue.
After a decline, Cashbuild has undergone a redistribution trading range (TR). After some last points of supply (LPSY) we have seen negative divergence on the volume RSI and a break of the TR. This indicates the potential start of phase E of the redistribution.
CSB has broken down below a 12 month descending triangle pattern this week on strong bearish candle close. RR:1:1.5+