Sunday, October 28, 2007

CSH Analysis for 10.28.2007

CASH AMERICAN INTERNATIONAL INC. - CSH

Monthly chart shows buying off the $30.00 area support. Uptrend remains intact.

Weekly chart shows higher low with a large bullish engulfing candle pattern in place.

Daily chart shows a double bottom, with a huge gap up and strong buying on Friday. Current resistance is right at the 200sma and the UBB. Look for possible profit-taking on Monday and consolidation, before continuation higher.

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