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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (114525)3/10/2005 10:27:23 AM
From: Henry J Costanzo  Read Replies (1) of 209892
 
HAL........Some TA-based WAG......FWIW......Could still go either way....

Now touching rising 50d MA, so should get some support and possible upticks here.....not excluding move back to the highs...

IF that goes, next move could be 37-38ish Jan low area, support at Nov/Dec congestion, and start of possible wedge beginning at the Jan lows.

Wishy-washy, I know...but basically looks to me like jury still out....and may take a couple of more days to reach a verdict.....<G>
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