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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: D.B. Cooper who wrote (4768)2/9/2005 3:16:22 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
Hi DB,

SGTL is extremely overbought, testing resistance, and failing hard. Sell signals are in place now.

139.142.147.218

Most likely SGTL will correct back to recent chart support and test there ($34). By that time, the lower BB rail will coincide with chart support also. That will be a potential re-entry point, assuming SGTL shows signs of a successful test of support.

If that test fails, next lower support is that reversal point at the beginning of January.

All IMHO, of course,

T