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Strategies & Market Trends : Classic TA Workplace

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To: 2MAR$ who wrote (140740)1/28/2007 8:27:30 PM
From: Galirayo  Read Replies (1) of 209892
 
AMGN .. well on a longer term it's overbot and in a rapid rollover on the STO and MACD ..

You be the Judge ...

stockcharts.com

The Daily Down Gap placed it Squarely on the 13 WEMA.

You know this Stuff doesn't Work .. don't you ??

How could the 13WEMA be Support anyway ?? Better run the Fibs on it.

stockcharts.com

Unless it works out to be a 50% retrace of its previous 3 week run ??

stockcharts.com

I'm totally confused now That might be a heck of a Buying Opp on this chart .. I'm going back to the Small and Micro Caps. ;)
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