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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Bruce Cullen who wrote (17146)5/19/1998 8:00:00 AM
From: Dave H  Read Replies (1) of 79371
 
Bruce,

ORG would have made a great short back in april; now it is a falling knife and I'd say stay away until the dust settles. Long term technicals are breaking down quickly, and the short term stuff is all ugly. The gap down in the chart might not be the last ORG sees during this fall. Nice H&S formed with a descending neckline too.

I see possible trendline support near 22.

-dave
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