[ $SOX ] Ken ....
Looks like the Sox has found some support. It's Harami Spinning Top ... not a real convincing formation but it says reversal if it confirms. Possible MACD Crossover with a Slow Sto Bounce. But it needs confirmation.
stockcharts.com[W,A]DECAYIMY[DA][PC5!B34!B50!H.02,.20!B200!D30,2!A605][VC60][IUO14!LA12,26,9!LP16,14,14!LC10!LC20!LG10!LB16,14,14]
stockcharts.com[W,A]DECAYIMY[DE][PC5!B34!B50!H.02,.20!B200!D30,2!A605][VC60][IUO14!LA12,26,9!LP16,14,14!LC10!LC20!LG10!LB16,14,14]
Weekly ... This one shows an 8 to 10 New Price Low with an attempt at a reversal that failed last week.
stockcharts.com[W,A]WECAYIMY[DE][PC5!B34!B50!H.02,.20!B200!D30,2!A605][VC60][IUO14!LA12,26,9!LP16,14,14!LC10!LC20!LG10!LB16,14,14]
What do you think?
Ray |