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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (135854)8/18/2006 11:41:18 AM
From: Galirayo  Read Replies (2) of 209892
 
[SHLD thoughts] >>Just stay away from 69..LOL<<

No Way MC .. R U kidding me ?? lol

Ok back to SHLD .. it came off the last bottom on the 144 with a spinning top in harami. Yesterdays candle is not really a powerful reversal candle .. and now today it's sitting atop the 144 again and currently showing a Doji which is a candle of indecision and if confirmed Monday ... could send it back up.

I mean .. Tis The (forward looking) Season and all.

That's a pretty High Vol Spike yesterday. I would think a Decisive Break of the 144 may be the ticket .. until then it's on 144 support.

stockcharts.com

You've seen the 144 in Action recently.

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