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Strategies & Market Trends : Galapagos Islands
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To: Eva who wrote (4761)10/4/2002 10:54:35 AM
From: Jorj X Mckie  Read Replies (2) of 57110
 
EVA, my revised answer is 15.45 would be my ideal reshort price for MRVL.

whenever it breaks down hard, they walk it back up to a downtrend resistance line where it then resumes its fall. When you see a spike down, look for the first white bar and that is the place to cover.

That being said, it will probably break down right here at 15.25.
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