Chris
I have some interesting magnet work for AOL.
Magnet locations 8.6562, 15, 20.625, 22.625, 25.875, 29, 32.75, 34.609, 35.50 weak, 36.75, 38.25, 39.375, 46.875, 56.875 weak, 69.50 weak, 75.25, 81.312.
There are NO magnets over 81.312. AOL does look like it will signal another one this week but it will be in the 170 area.
My point is most stocks have magnets above to help pull them up. AOL will have one way up there so two scenarios could play out IMO. One AOL just goes on a absolute tear to the neutral zone which will be int the 125 area. Or two, AOL will fall and give other magnets in the lower 100s. A fall to the middle to upper 60s would do it. I will be watching with open eyes how it plays out.
ht
david |
