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ryall12

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ryall12

Re: jc_penny post# 6107

Tuesday, 08/10/2010 10:04:04 AM

Tuesday, August 10, 2010 10:04:04 AM

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hi, david is right about that resistance level however the cup pattern suggest it will reach at least 30s. (bottom of 7 cup sides of 20, breakout around 19) plus it has a history of moving on news. the old trading channel that it lost due to financing which is now over would also be between 32 and 47 approximately.

My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion

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