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 Gold Customer
Joined: 4/10/2006
Posts: 954
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Watch Sandisk next week for a break out.
target 65.50
secondary 72.9
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Registered User
Joined: 10/12/2005
Posts: 90
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I agree.
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Gold Customer
Joined: 4/10/2006
Posts: 954
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Asym. Could break down I have a bias to the upside.
Down side support
56
52.5
48
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Registered User
Joined: 3/7/2006
Posts: 244
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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.
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Registered User
Joined: 3/7/2006
Posts: 244
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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.
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Gold Customer
Joined: 4/10/2006
Posts: 954
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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.
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Gold Customer
Joined: 4/10/2006
Posts: 954
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HS top
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Gold Customer
Joined: 4/10/2006
Posts: 954
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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.
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Gold Customer
Joined: 4/10/2006
Posts: 954
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Really Im early for the HS. The rt. shoulder comes in about 57.50.
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Registered User
Joined: 3/7/2006
Posts: 244
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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.
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Gold Customer
Joined: 4/10/2006
Posts: 954
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A real Nail Bite'r
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Registered User
Joined: 11/1/2005
Posts: 240
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obv is headed south on the weekly
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