InvestorsHub Logo
Followers 40
Posts 5949
Boards Moderated 0
Alias Born 06/30/2005

Re: Big Mur post# 3228

Thursday, 01/25/2007 2:28:04 PM

Thursday, January 25, 2007 2:28:04 PM

Post# of 51429
There's the double top at 20. Now you will see this drift down to the mid teens in the coming weeks. Smart money has been locking in gains this week near 20, as I stated last weekend. Folks have had lots of time to lock in profits near 20 pps and today's double top is the chart's final warning to anyone who has been greedy. Last post here till the 15s. If you want to PM me, I'll be happy to chat before then. News can trump TA but I don't see anything fundamentally that will likely overcome the severly overbought chart now.


http://stockcharts.com/h-sc/ui?s=HMGP&p=D&yr=0&mn=5&dy=0&id=p04389681519




************
Consider all posts my opinion and not advice.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.