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

To: Galirayo who wrote (125942)11/9/2005 10:18:32 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Take a look at the action on OIH for the few months last spring. I think we may get a similar structure like that one, but larger. Until it tests - or maybe even break a little - the 200 dma. Or, it could be a sharp impulse down, maybe with a wedge at the end - to buy some time... Or, an ABC down. Looking at the weekly, the darn thing is still parabolic.... maybe now is the time when it will rest for a while.


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