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Re: CHARTMAN2 post# 23755

Thursday, 04/21/2011 11:08:40 AM

Thursday, April 21, 2011 11:08:40 AM

Post# of 48341
Chartman You can't be serious...

Sideways?

Tell me you don't see the massive head and shoulder formation here. With a complex head and double top.If you can't see on your candle chart go to the line chart. And on the weekly what about the dark cloud almost covering half the previous candle.Not a rosie sign there. Look at the major resistance at the .045 level.
Better hope .0325 holds or it's down to .03. There is some buying on the 30 min chart. Down 20% in 5 days is not sidways movement.
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