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Strategies & Market Trends : TA setups-ex th traders
DIA 489.96-0.9%Jan 7 4:00 PM EST

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To: zhaque who wrote (7422)7/20/2005 3:31:57 PM
From: Squire /Mind-Changer   of 7682
 
You might want to reconsider and buy back in. NTES dropped to the support level of 53.53 forming a double bottom which may also be the bottom of Elliott wave 4 correction. It is looking like it will close just below the 50MA.
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