Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote ()	12/11/1998 8:17:00 AM
From: StockDung	Read Replies (1) of 122089

<< GE Head & Shoulders? Comments? >> I borrowed this post from another board. I respect the author that wrote it. floyd Very interesting. The H&S formed over the past few weeks. Left shoulder around 92, the head at 95, and the right shoulder also at 92. Neckline is around 87 - 88. Note that there will be strong support at the 50/200 day MA convergence, around 86. Insider selling a few months back, coupled with the divergence between the RS line and the price action (RS line dropping while prices rose), may be a tip-off as to future price weakness.

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