CBS Corp is about to surge
You can rarely see such a beautiful rising trend, while here it is, on the weekly chart. Technically, the gauge has retraced to the USD 57 mark it broke through earlier. At the end of last week, a telling candlestick pattern shaped up on the chart, signaling that this week, the index may break out of this level. A pattern on the RSI chart is also indicative of this. The gauge is above the 50 mark on this chart. If the gauge tops USD 58 this week, it is likely to rapidly reach USD 64.
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