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To: Galirayo who wrote (10575)7/2/2009 10:00:41 PM
From: skinowski  Respond to of 41523
 
Yep... the prior low is right near the 200dma. If it doesn't hold, that too may spook many people.



To: Galirayo who wrote (10575)7/2/2009 10:01:47 PM
From: Chaz  Read Replies (1) | Respond to of 41523
 
Galirayo

In layman's terms, so us real "novices" can understand. Are you saying you think that this is a H&S and that it will break the neck line. If so, you're expecting this to hit how low? Then what, straight up again, or more down.

Thanks in advance
Chaz