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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Sirius_Rich who wrote (4155)	1/23/2005 10:46:07 AM
From: Vendit™	Read Replies (1) of 8752

Good morning Rich, AH looks like most sober stocks of late. It’s caught in this most recent correction cycle. The chart below clearly shows that on Friday AH dropped below its lower Linear Regression Channel which means that it is in an extreme area of its trading range and should soon return to normality or back inside the channels. 139.142.147.218 In the chart above the lower oscillators do not show any sign of a bottom through Friday’s close so the downward momentum will likely spill over into the open on Monday. The tall candle that formed at the end of the first week in December will control the current trading range as far as support levels are concerned. This means that it is possible for AH to move to near $40.00 by mid-week before it gets its relief rally. Reid

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