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TA Today

Tuesday
Sep 07th
$Compq- 2289 target PDF Print E-mail
Written by Gary Caumont   
Wednesday, 14 July 2010 08:38

$Compq should finish a 2nd ultra short term 5 wave move up with a target of 2289. See the following 20day 30min chart.

As long as we stay above the 2213 wave 4 low, wave 1 start at 2150 to the center of wave 4 at 2219.5 projects a 2289 wave 5 target. The tilted line shows the lower trendline of the channel I wrote about on 6/7/10 with the horizontal line showing where we broke down out of said channel at about 2285. I'd expect some sort of reaction in this area from the bears.

 

Last Updated on Wednesday, 14 July 2010 08:41
 

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