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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: WhatsUpWithThat who wrote (70447)8/29/2002 4:54:45 AM
From: SirRealist  Respond to of 208838
 
Because HOV's volume went up at its last peak a couple of days ago, it suggests it remains too strong to put a lot of faith into the H&S pattern. I'd need to see it break support at 34 to consider shorting it to 25, then I'd wait till it breaks 23 before shorting again.

I think it, and others, may yet break their 52 wk tops before tanking that low, which could be 4 months away yet.


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