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SNDK, upside move out of a symetric triangle. Rate this Topic:
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wwrightjuly4
Posted : Friday, May 19, 2006 8:01:52 PM
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Watch Sandisk next week for a break out.
target 65.50
secondary 72.9
GameOver22
Posted : Friday, May 19, 2006 8:31:10 PM
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Posts: 90
I agree.
wwrightjuly4
Posted : Saturday, May 20, 2006 1:15:48 AM
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Asym. Could break down I have a bias to the upside.

Down side support
56
52.5
48
Inspector62
Posted : Tuesday, May 23, 2006 1:35:18 PM
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Posts: 244
What are you basing this on?

Viewed on a weekly, I see the strong possibility of a H&S top.

Sorry friend, I may have to dissent here.
Inspector62
Posted : Tuesday, May 23, 2006 1:36:32 PM
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I added it to my short watch list. If it breaks below the neckline I drew, I'm shorting big time.
wwrightjuly4
Posted : Tuesday, May 23, 2006 3:37:29 PM
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Im holding puts. w/ 61.80-62.5 as a stop

You are correct it is a HS with a breakout. I was focused on the rt. shoulder.
wwrightjuly4
Posted : Tuesday, May 23, 2006 3:37:43 PM
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HS top
wwrightjuly4
Posted : Tuesday, May 23, 2006 3:39:35 PM
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I see 58.95 as the 3% rule. But this is the critical area. may take a week to decide what it's going to do here.
wwrightjuly4
Posted : Tuesday, May 23, 2006 3:42:22 PM
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Really Im early for the HS. The rt. shoulder comes in about 57.50.

Inspector62
Posted : Tuesday, May 23, 2006 6:15:11 PM
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Yep, I think you may be a bit early. It may pay off, I think it probably will, but if it breaks thru the neckline I think it'll fall quite a way.

If it bounces off of the neckline, You may get stopped out of your puts before/if it breaks back down.
wwrightjuly4
Posted : Thursday, May 25, 2006 4:55:40 PM
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A real Nail Bite'r
jimstacy
Posted : Friday, May 26, 2006 12:20:06 AM
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Joined: 11/1/2005
Posts: 240
obv is headed south on the weekly
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