AI
Friday, January 17, 2003 2:00:58 PM
I'm sorry but I do not believe technical analysis is as cut and dry as you theorize.
The bottom line is price is caught in a congestion zone here with the November lows acting as support and ~$0.20 acting as overhead resistance.
Based on my experience with patterns, I believe the probability favors a break down in price rather than a break up.
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http://www.investorshub.com/boards/read_msg.asp?message_id=661266
The bottom line is price is caught in a congestion zone here with the November lows acting as support and ~$0.20 acting as overhead resistance.
Based on my experience with patterns, I believe the probability favors a break down in price rather than a break up.
http://www.investorshub.com/boards/read_msg.asp?message_id=661266
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