zeev, one of your doods, qlgc, came into horizontal support after five straight down sessions,
stockcharts.com[l,a]daclyimy[pb50!b200!a47][vc60][iUb14!La12,26,9]
msft has also had five straight down sessions including today, at least st, the odds are getting weak on the bear side.
i give it 50-50 we made a st bottom at todays low, similar to the bottom in mid/late june, still in the bermuda triangle trading range.
(locretinuous of borg, your resistance if futile, all stalkers will be absorbed, all linear thinkers will be absorbed) |