Trade Idea - CSC
Friday, June 01, 2007
Computer Sciences shares were down 2.26% or 1.28$ to 55.40 today, after said that it found “significant errors” in its accounting for tax liabilities in fiscal years 2000 through 2006, and has delayed filing its 2007 annual report on Form 10-K. Looking at the daily chart stock still trading in a Bearish tone, with MACD K line below D and RSI reaching the Breaish territory. Stock has now the major support at 55$. So, pay attention if stock break down this level.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.