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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Lee Lichterman III who wrote (6518)4/30/2001 12:25:44 AM
From: AllansAlias  Read Replies (1) of 52237
 
Yes Lee, I note the declining volume and, of course, that bothers me.

It is stretched and it will soon count out nicely as finishing the move, but the question becomes, "With so much resistance take out that will now act as support, is it reasonable to expect that it will just fall back through it?"

This sort of thing makes me wonder if at least an intermediate floor is not in place.
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