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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (147859)2/1/2002 9:07:16 PM
From: First Last   of 436258
 
Reaper:
This is my 2 cents about SHPGY from my technical point of view.
Short term, that is reading from daily chart, it is over sold. Which means it is due to a rebound immidiately. Long term, that is reading from weekly chart, it is a huge downward triangle. Which means it is a good short candidate.
So, I think you can short it either on the following rebound, or short it on the break of the following consolidate.
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