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madtig6

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madtig6

Re: None

Tuesday, 09/28/2010 6:11:33 PM

Tuesday, September 28, 2010 6:11:33 PM

Post# of 59550
Weekly Chart..............

Is showing same inherent weakness in the momentum indicators (red circles) on a longer term basis

Has closed below downtrend line after attempting a breakout, which failed.

Wish I had better news, but I see what I see.

IMO, nothing will prevent continued breakdown except good news. Left on it's own, it will test the supports below one by one until one of them holds.

http://stockcharts.com/h-sc/ui?s=IMGG&p=W&yr=1&mn=3&dy=0&id=p00095695921&a=207192102

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