AI
Thursday, December 04, 2008 12:13:24 AM
What I'm seeing in the below CHART is a lot of consolidation and, since about October 12 there is accumulation. The BB are very tight and shares have been moving into firmer hands that are patient to wait for them to become available. Considering how the rest of the market has behaved since early October, this support level has been pretty interesting. Any substantive news should push through all of the resistance points pretty quickly.
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