SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (95341)4/28/2004 8:11:18 AM
From: skinowski  Respond to of 209892
 
I watched this one, I think it's an interesting setup. The advance stopped, btw, while trying to climb back above the 50% retracement level of the decline off May '02 top, at 50 and change - in addition to the 50% of the recent (five wave) drop, which you mentioned. It's in the resistance area of W4 of that recent drop.