• Increase font size
  • Default font size
  • Decrease font size
  • default color
  • green color
  • red color

TA Today

Sunday
Sep 05th
$Compq- trendline broken PDF Print E-mail
Written by Gary Caumont   
Monday, 26 July 2010 06:20

We broke above the intermediate term descending trendline, retested it and continued up to close at 2269, close to my 2270 target. See the following 16day 30min chart.

We could see a headfake higher but I'd expect some pullback here not to exceed the lower trendline of a possible short term ascending channel. Comparing the angle of the present channel to the previous notice how the up move appears to be losing steam. A break above the upper trendline that sticks invalidates the channel and puts the bulls firmly in control.

 

Last Updated on Monday, 26 July 2010 06:24
 

cheap cialis online | cialis online no prescription | cheap viagra 100mg | viagra information | generic viagra no prescription | cialis generic india | order viagra | cialis sales | cheap cialis | viagra real | buy cialis no prescription | discount cialis online