Replies to post #91676 on ajtj99's Market Pulse

[ajtj99]

CELL should have held the daily 50SMA at 15.46, but it broke below and is arcing like it's got some momentum to it.

http://stockcharts.com/h-sc/ui?s=cell&p=D&yr=1&mn=0&dy=0&id=p94328777576&a=2...

On the weekly, there's rising support near $12. If that breaks, the nearest support is about $9.10.

http://stockcharts.com/h-sc/ui?s=CELL&p=W&b=5&g=0&id=p52502285669

I think it may find a low near $12, consolidate under $15 for a month or so, then form a triangle/cup/handle that targets up to $25. I think it gets there by next summer, and possibly to $40 by Jan 2008.