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Worden Discussion Forum » General Discussions » Stock and Market Talk » XOIL - Triple top??

XOIL - Triple top?? Rate this Topic:
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Inspector62
Posted : Wednesday, January 9, 2008 8:40:04 PM
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Joined: 3/7/2006
Posts: 244
 On a daily, does anyone else see a triple top?  I know it's not textbook perfect, that's why I ask for other opinions.

On a weekly it looks possibly bullish.
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Inspector62
Posted : Wednesday, January 9, 2008 8:42:49 PM
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Joined: 3/7/2006
Posts: 244
 Of course, that could also be a continuation pennant as I look at it again.
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scottnlena
Posted : Wednesday, January 9, 2008 8:56:42 PM

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Joined: 4/18/2005
Posts: 4,090
 I see the 2ndary.
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realitycheck
Posted : Wednesday, January 9, 2008 9:44:18 PM
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Joined: 9/25/2007
Posts: 1,506
 On a daily line chart .... there is a short term trendline formed by ... 12/10, 12/18, 12/20, 1/07, and today ...

It may be a bit early to call ...

But ... that which pulls oil down ... will likely pull stocks down ...
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realitycheck
Posted : Thursday, January 10, 2008 10:30:50 PM
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Joined: 9/25/2007
Posts: 1,506
 Note how XOIL gapped down through that supporting trendline today ...

Much the same way as the COMPQX did on 1/4 ...
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