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Re: shoreco post# 69652

Saturday, 01/14/2006 12:18:13 AM

Saturday, January 14, 2006 12:18:13 AM

Post# of 148479
>>>I see today as a nice "low volume" consolidation that actually sets up a "gap up" on Tuesday morning...>>>

Shoreco yep...not sure about a gap but pretty sure we put in the low on this move today. Bullish falling wedges broke out late day as I expect another test of the recent high soon. We will form some nice continuation triangles on the 60 minute charts/bull flags on the daily before taking off for higher levels including 560ish on the SOX.

Here are the 15 minute charts...note bullish divergence at our lows today.

http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[w,a]ghcayiay[d7][pf][vc60][ila12,26,9][j62125780...

http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[w,a]ghcayiay[d7][pf][vc60][ila12,26,9][J638388...

http://stockcharts.com/def/servlet/SC.web?c=$indu,uu[w,a]ghcayiay[d7][pf][vc60][ila12,26,9][J6686994...
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