Jump to content



Photo

Bears might want to take notice


  • Please log in to reply
2 replies to this topic

#1 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 04 February 2007 - 01:49 PM

This LT top line has broken, after this pullback, I doubt I'd
want to be short.



Posted Image

#2 traderpaul

traderpaul

    Member

  • Traders-Talk User
  • 6,034 posts

Posted 04 February 2007 - 02:49 PM

Channel buster is bearish formation.....Pull in the last hold out....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#3 eminimee

eminimee

    I don't care who's fur is flying...

  • TT Member
  • 14,307 posts

Posted 04 February 2007 - 04:33 PM

log scale.......you could almost call the 80month ma as bottom of a channel.

http://stockcharts.com/c-sc/sc?s=$VLE&p=M&st=1997-01-01&i=p54379503414&a=28957802&r=3236.png

Edited by Teaparty, 04 February 2007 - 04:34 PM.