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Zeev Hed

04/06/04 4:01 PM

#227589 RE: lostalot #227587

You have to look at more than year old chart, do it and come back with your own finding, it is quite easy. Look for historical congestion.
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kahlua

04/06/04 4:22 PM

#227609 RE: lostalot #227587

my unsolicited TA shows resistance right here between 14 - 15. Take a ganders at the P&F chart (link below) and you'll see that this zone served as strong support on the way down(in fact I believe that was my stop loss point last year...) Perhaps it needs a pullback to 12.5 - 13 before making another run at this resistance? Chart looks good though.
http://stockcharts.com/gallery?skx

Regards