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To: Shack who wrote (136998)10/2/2006 6:00:45 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
BRCM....Just back, and took a look AH...Low 29.50, last 29.62.....taking out Wed-Fri lows, but NOT last Tues low, which was 29.21...so doubt that much harm done...yet<g>...Return to pennant breakout point, neckline, or 50dMA ...none of which out of the ordinary...could take it to around 28, without serious damage...Will see what happens tomorrow, but as of now, inclined to give it the benefit of any doubts...



To: Shack who wrote (136998)10/2/2006 6:05:05 PM
From: Galirayo  Respond to of 209892
 
BRCM is right at R on Horizontal ... Approaching the 144dma .. and right at the June Gap / Congestion area as R.

I'd 'guess' it'll move up as soon an the 13ema [the mean support now] catches up to the price. It pulled away from it near the 25th.

The encounter at the 144 could be more important than todays action. There's a little IH&S inside the Bigger one. A Fractal .. if you will .. the other head is balancing on the lower horizontal perfectly. Volume is still strong.



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