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Red's Bull Trade Alert: Computer Sciences Corporation (NYSE:CSC) 15 December 2010

LTN's Pattern Recognition Analyst, Paul A. Ebeling, Jnr, ID'd the start of a New Bullish Trend for Computer Sciences Corporation Computer Sciences Corporation (CSC) closed at 46.91 Monday and opened Tueday at 47.40. CSC closed at 48.91 + 2.00 (4.26%) Tuesday. The low on the day was 47.40 and the high was 49.09. Volume: 3,388,124/shrs is above the 3 month average volume of 1,158,530/shrs. CSC is trading below its 50 and 200 Day Moving Averages. My Technical Indicators augurs Bullish price movement in here.

The 52 week low is 39.61 and the 52 week high is 58.36. The P/E Ratio is 9.58, the EPS is 5.11 and the Div & Yield is 0.60 (1.30%). Analysis

Overall Short Intermediate Long Bullish (0.28) Neutral (0.02) Bullish (0.42) Bullish (0.39)

Recent CandleStick Analysis Bearish Date Candle 13 DEC 2010 Bearish Engulfing Open Gaps Direction Date Range Up Up

14 Dec 2010 47.24 to 47.4 1 Dec 2010 44.97 to 45.26

Support and Resistance Type Value Conf. resist. 49.90 4 resist. 49.52 2 resist. 48.91 2 supp 47.21 21 supp 44.93 9 supp 43.70 3 supp 39.81 2

Disclaimer: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. Neither Ebeling-Heffernan, www.livetradingnews.com nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither EbelingHeffernan, www.livetradingnews.com nor its affiliates are responsible for any errors or for results obtained from the use of this information. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in Good Faith, are subject to change without notice. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser .


Red's Trade Alert on CSC  

Overview and Analysis of CSC

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