Cosan Limited (CZZ)

[Gixene]

Spinoff17, I believe charts or 'technicals' are an important part of short term trading and swing trading. Though this is also important in finding an entry and exit for long term investing as well. With this said, I don't view CZZ as a long investment but more as a short term trade. I haven't decided on an exit strategy for CZZ. However, it will most likely involve a Trailing Stop Loss somewhere above $7.50 as the channel resistance is right above this range. I should add a Trailing Stop Loss, especially since CZZ is very volatile. I've been sloppy with exit strategies as of lately.