Jay: I don't follow CSC, but AMAT is getting close to a signal. My "A" signal gave a buy alert on 9/8. One more up day or two should render a "B" short/medium term buy.
However, this stock is trading in its own bear market, since topping out about a year ago. Per my indicators, this would be what I call a bear rally purchase, for now!
I would be nimble with this stock, if you decided to take a long position. A continued rise could trigger additional signals, but for now be cautious! I personally would not take a buy position in this stock, at this time! Of course, I know you were asking about a sell signal...
I usually do not post individual stock analysis, publicly! On occasion I do post my views in a stock thread I am active in, but not often! I am far from being a guru unlike some of the fine posters on this thread.
Regards,
LG |
