Just to vary the thread a little bit <nudge, wink!>, let's do a little TA on AZNT. I called up a nice chart at Investools, covering the period 1 August to the present, and posted the following to Cav, who'd asked a question, phrased in his inimitably offensive way, on his own thread:
Sorry, Cav. I do candles, and what I see is something between a shooting star and an
evening star. Neither bodes well. I also see a stock in continuous downtrend since 25
August. And strong resistance at 1.50, strong support at 1.25.
In other words, minds have not been made up. Short term, if the candles are right, it should
drop once again. Intermediate term, wait and see. As a glance at the MM lineup will show
you, the serious players aren't playing.
Anyone else have a technical read? |
