AI
Tuesday, September 09, 2003 5:49:44 PM
AZO (healthy pullback or beginning of a downtrend)This looks like a failure pattern to break through resistance that began at 93 is continuing and the small move up was indeed a "bearish flag" in the midst of a brand new downtrend. The beauty is trying to "scout" these before they either
a) recover off support
b) move down too much and you find you didn't short it when the downtrend began.
a) recover off support
b) move down too much and you find you didn't short it when the downtrend began.
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