Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (3577)	9/30/2002 10:37:45 PM
From: SusieQ1065	Read Replies (2) of 57110

well...this is the first i've heard of this!...i must be totally out of the loop...;-).....QQQ's $17's???? Turning to the QQQ's, the much-discussed Head and Shoulders formation is still on track to meet its 17.64 objective. A move back above the ascending neck line (now currently near 22.25) will most likely nullify the H&S pattern. It is also interesting the that the RSI indicator failed to make a new low as the QQQ's continued its descent: A Bullish Divergence indicator. Note: Some necklines may be drawn different, resulting in an objective above or below 17.64. optioninvestor.com

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