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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (82751)9/24/2003 7:43:54 PM
From: skinowski  Read Replies (2) of 209892
 
S seems to be in a W4 of a rally which started on Sept 10 (60-30min). If that's the case, it would be time for this stock to break out in a little W5, and that's why it is holding up. Since the market is weak, the 5 will probably end up being weak - or failing altogether. At least that's the way the chart looks to me.
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