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Strategies & Market Trends : Trading with Jerry Olson(OJ)
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To: Jerry Olson who started this subject12/5/2003 7:32:59 AM
From: HoodBuilder  Read Replies (1) of 1617
 
FYI

Posted by: jenna
In reply to: jenna who wrote msg# 19660 Date:12/4/2003 11:37:02 AM
Post #of 19682

KLIC hope someone shorted this even more as moves into the 14.88 area. Expecting a move below 14.50 and possibly. This is a classic pattern failure stock and 15.25 is the declining 20 and the failure (if it even gets there). The more and more support is taken out the harder to move back up into prior resistance areas. (4 strong days of downside following a very clear topping at 17)
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