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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: sean sanders who wrote (847)10/14/2005 12:32:58 PM
From: Casaubon  Respond to of 967
 
It looks like it will try to build a base around this price, IMO.



To: sean sanders who wrote (847)10/14/2005 10:17:09 PM
From: Casaubon  Respond to of 967
 
I have been looking at the AMD chart some more, and want to raise a concern. The last two candles are consolidating at the low end of the breakdown. This is a bearish occurrence. These kind of lower range consolidations, after a long black candle, usually result in a further move to the downside. If such a breakdown were to occur, look for some support at $19.2

stockcharts.com[h,a]daclyyay[dc][pb50!a19.2][vc60][iUb14!Li14,3]&pref=G


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