CSU had a BIG drop after a great run. It has recovered about 40% of it and looks like there could still be a lot of upside if it was to run anywhere close to previous levels.
All the indicators are reflecting how oversold the stock was, and starting to make bullish signals.
Could be worth a watch over the next few days.
Capital Senior Living Corp came up on the top gainers for Friday. The stock is showing no real strength in this massive downtrend the stock has experienced. Be careful by jumping into too quickly before you get your information. The Lag RSI Still shows significant weakness ahead.
Bullish on this, Previous chart I published made money. Handle took longer to form. The market this company is in a cash cow market. Good long term hold. Low risk even if it goes to .85 buy more. Breakout to a dollar.
CSU has been trading sideways for the better part of two and a half months with it recently showing a bearish trend. The stock experienced a sharp drop on the 23rd and continued to drop to about 3.59 per share on May 28th. The circled point is a buy signal that was triggered on the macd indicator, but along with that, the histogram shows the stock still trading...
This is a very similar trend line breakout than my past idea, and the reason I publish this kind of example again is because they are a very reliable patterns this does not happen every 15 minutes the trend line was honored for more 2 years and 5 months an now 6 weeks ago exactly the trend bearish line was broken by a big weekly candlestick and is easy to...
Capital Senior Living Corp. engages in the operation of senior housing communities. Its senior living options include independent living, assisted living, and memory care. The company was founded in 1990 and is headquartered in Dallas, TX.