The Traderszone Network

Published in TZ Latest News 27 July, 2015 by The TZ Newswire Staff

Caesarstone Giving Secondary Buying Opportunity

Caesarstone (CSTE) has pulled back to its 10-week moving average, providing a possible buying opportunity. This is its first test of the key support area since the stock broke out past a 63.05 buy point in early June. It rose 12% from that breakout before pulling back. But the market is again under pressure, making buying more risky. Also, the stock has yet to start to rebound.

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