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


To: sandintoes who wrote (6332)3/11/2005 11:23:20 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
The 50 week moving average is solid support/resistance, and BEAS has been sliding down along that moving average for a month or so now:

stockcharts.com[w,a]waclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

Note the contraction of the BBs:

139.142.147.218

Based on these charts, I would say the bias in the breakout will be to the downside, not the upside.

T