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Replies to #30836 on lowtrade

lowtrade

04/19/12 4:28 PM

#30853 RE: picheljitsu #30836

You want to mix technicals/fundamentals then take your June 21st news date and the double top chart pattern and expect the double top target lower, just before June 21st. If news is positive the chart will give a comeback bounce.

TIP
Now remember chart patterns can last as long as it took to form to reach target. It ran 2 weeks, topped out over 3 weeks. Expect neckline break 1 more week. That gives the move south end 6 weeks from now. About the 1st week in June. Giving it 2 weeks to let retail ponder expected news results. And gives you a ball park place to start watching again.