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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (7104)3/28/2005 9:29:08 PM
From: Walkingshadow   of 8752
 
I think one thing is clear, and that is that there is a trendline above extending back 70 days to the December reversal candle. That trendline will be resistance of course, and currently sits at about $37.40 or so:

139.142.147.218

The slope of this trendline is about - 0.04/session, so in 10 more sessions it should be just about $37.00.

The bottom rail is more open to question.

T
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