There looks to be a fairly bonafide H&S pattern on the OIH. Measured move would be to 90? If that is a H&S with neckline at 130, it was broken yesterday. The next few days will tell. Something similar was the move down in 2002.
Canadian Royalty Trusts
20 replies to this topic
Posted 12 September 2006 - 07:34 AM
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain