News Focus
News Focus
Followers 13
Posts 3872
Boards Moderated 0
Alias Born 11/09/2005

Re: None

Thursday, 11/15/2007 9:28:05 PM

Thursday, November 15, 2007 9:28:05 PM

Post# of 1672
TPDI Support/Resistance Numbers 16 NOV 2007

Resist Level 3 - 0.2063
Resist Level 2 - 0.1931
Resist Level 1 - 0.1663

Pivot Point - 0.1531

Support Level 1 - 0.1263
Support Level 2 - 0.1131
Support Level 3 - 0.0863

Buy Threshold - 0.1316

Exp Moving Averages
020 DEMA - 0.0640
050 DEMA - 0.0520
100 DEMA - 0.0590
200 DEMA - 0.0800

15-Nov-07
O - 0.1425
H - 0.1800
L - 0.1400
C - 0.1500

Fibonacci Extension Targets
MSL1 - 0.0255
MSH2 - 0.1800
MSL3 - 0.1028 (projected .50 Fib retrace)

1.382 Extended - 0.2390
1.500 Extended - 0.2573
1.618 Extended - 0.2755

2.000 Extended - 0.3345
2.236 Extended - 0.3710

2.618 Extended - 0.4300

3.236 Extended - 0.5255
4.236 Extended - 0.6800

4.618 Extended - 0.7390

Comment: Today's close exhibiting a Bearish Shooting Star (http://tinyurl.com/2bdckv) pattern and current overbought MACD may indicate a normal retracement for the next few sessions. A HOLD is the typical recommendation until the pattern is confirmed.

The Fibonacci 50% retracement of the base leg is in the .1028 region, and quite close to the breakaway gap fill of .0990 on 11/13/07. If accurate, the extension target is in the .239-.276 region, which equates to the 01/05/07 and 03/08/07 prior highs of .25 per share. Good trading to all.

Disclosure: Any chart technical analysis provided is my personal technical assessment of the indicated stock and should not form the sole basis of any buy or sell decision making by any reader. Any decision to buy or sell any stock should be made only after careful due diligence on the part of the investor, and not be based upon any third party information or investigative data.




► Any comment provided is my personal assessment/opinion of the indicated stock. "When the gods wish to punish you, they grant your wishes. Therefore be careful of what you wish for."

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today