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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (16096)4/19/2002 4:33:16 PM
From: Susan G  Read Replies (2) | Respond to of 26752
 
Bob and Fred, I was just looking at some of the charts for the security stocks after that IDNX move...

and noticed INVN has a perfect bearflag on the daily chart, right into EMA resistance. So beware if it takes out the lows of last week, as next support - and the target of the bearflag if it breaks is right around 25.

It's also a "floating" bearflag, even higher chance of it breaking to the downside with that unfilled gap above.

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