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Re: Transat 5 post# 55

Sunday, 08/07/2005 11:16:51 AM

Sunday, August 07, 2005 11:16:51 AM

Post# of 167
Transat - 2 charts - Perhaps the bashing in the Post was deserved. I didn't see it. The chart looks like a wreck to me. GTE has broken through every support I can find. It looks like a very speculative, high risk trade to me.

RSI has popped back above 30 so there may be a brief run, but former support and now resistance at 2.13 may end it rather abruptly.

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