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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (121534)7/6/2005 5:50:25 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
<<..... couldn't find anything to account for the volume and strength. Except the chart pattern of course....>>

Of course!!.......you getting addicted to FA???......<G>



To: Shack who wrote (121534)7/6/2005 5:50:56 PM
From: cybersaavy  Read Replies (1) | Respond to of 209892
 
Just some observations here as I'm not quite sure what to make of this just yet. Gapped below support and has now closed the downgap, completed a 38% retracement from the Nov. 04 high and then soundly rejected at resistance. (see daily candle chart)

The weekly could suggest that the up trendline from 1999 was broken and now possibly being backtested.

stockcharts.com[w,a]walayiay[pa50.4!i!f][vc60][iut!Ua12,26,9!Ll14]&pref=G

cs


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