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Post# of 148479
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plexxus

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plexxus

Re: Ek post# 52310

Saturday, 06/11/2005 10:13:09 AM

Saturday, June 11, 2005 10:13:09 AM

Post# of 148479
Hi EK...

The channel break if this is a 4th down is not unusual. The pullback still looks corrective at this point. Recent gains seem to be sticky here. Many stocks are forming some nice consolidative patterns. If you study the daily chart it looks like we may be forming an inverse h/s pattern and are currently forming a right side shoulder. The left shoulder is at 2023ish so a move to/around that level wouldnt be surprising. Currently finding some support off the 20 SMA here.

http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[w,a]dhcayiay[dc][pb50!b200!b20!f][vc60][iub14!...
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