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Re: stox99 post# 128382

Monday, 09/13/2004 1:40:49 AM

Monday, September 13, 2004 1:40:49 AM

Post# of 396422
You cannot declare a longterm downtrend line on a daily chart lol

I disagree, I think a 2 year chart is more than adequate...and who declared a "longterm downtrend" - I made two observations 1) the stock broke the longterm ascending support line and 2) the stock has validated a descending resistance line when it failed to get even close to its 2 year high...

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