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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (131054)3/22/2006 9:45:32 PM
From: Galirayo  Read Replies (3) of 209892
 
[BRCM] MC ,, It looks like it's in distribution to me.

Money Flow is ebbing .. some may see the Head at 50 and 2 shoulders .. Testing the 50dma .. as potentially Bearish.

Similar to the Top put in by the OSX in Jan .. only without the Gap.
stockcharts.com

It's really not very bullish but the 50 may hold.

stockcharts.com

The Weekly doesn't look that bad yet.
stockcharts.com

The SOX is trying to hold the 144 as well.

stockcharts.com

It has a different look than the NWX.
stockcharts.com

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