Category Archives: CSAR

CSAR: Caraustar Industries

chart of csarCSAR is looking like it may have finally finished building a base and is about to start climbing back upward.

RSI and MACD have been trending upwards since mid March creating positive divergence until about April 28th.

I think the chart looks pretty good and we have some minor resistance around $1.73.

Buy now @ $1.66, when the price busts through $1.73 ride it up through $1.75, $1.90, and beyond.  On any weakness or news i would sell this.