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Re: Go_Stocks post# 609

Monday, 04/10/2006 8:29:27 PM

Monday, April 10, 2006 8:29:27 PM

Post# of 38056
SVMI TA through fibonacci retracements. We're trading exactly around the 0.618 retracement. Last time it bounced when the price dropped right below the 0.75 fib retracement. For a higher low, it should bounce below the 0.618 retracement and near the long-term trendline (in the previous chart or see the bottom chart).



Put both charts together looks messy, but give you a good idea on where SVMI is:






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