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#1 hiker

hiker

    independent trader

  • TT Member*
  • 12,118 posts

Posted 05 January 2007 - 03:47 AM

1/4 closing basis

http://stockcharts.c...llery.html?$sox

SOX closed above 472 horizontal resistance area listed in horizontal S/R levels below the chart.

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SOX closed above the 20-day sma, and closed above the recent downtrend line:


Posted Image

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the tested bottom has held at the support level noted below...and this advance is now near the resistance shown:

695
680
648
592
534
520
500
492
484
472 - resistance now broken on closing basis on 1/04/06
456
420
412
396
384- support that held
372
364
352