FWIW...
stockcharts.com[p,a]waclyyay[pb50!b200][vc60][iub14!la12,26,9][J52668250,Y]&listNum=1
That's one possibility. There are others, of course. With these "threes" up and down, it could also be an evolving triangle. In any case, choppy action since late 2003, following a big advance, should be seen as "generally" - or, should I say, vaguely (g) - bullish.
Shorter term, imo, the wiggles are a bit confusing -- which makes it important what gets taken out first - the high of 8/16, or the low of 8/31. |
