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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (119373)	5/24/2005 11:37:12 AM
From: ajtj99	Read Replies (3) of 209892

mchjc, look at the 13.40-13.60 area on the EMC daily chart over the past 4-months and you'll see it's an important inflection area. stockcharts.com[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G While shack thinks EMC is in the iii up, it may just still be in the 1 up, which could go 14.75-13.60-15.09-13.75-21.00-18.50-22.50. Watch the falling resistance line from the 15.80 through the 15.09 highs. That should stop price initially.

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