To: stockpirate
RE: After the correction take how much it corrected and add it to the peak and you have the new target, say $59’ish........
Just curious, how did you come up with this formula?
To: SeekAndFind
THe same way turd did, it’s in the text books for the test....same way he picks the support levels.......
25 posted on
05/04/2011 8:17:58 AM PDT by
stockpirate
(If they vote for socialism, support socialists, they're socialists duh....Ech bin ein Paliner)
To: SeekAndFind
Also, now that it broke 40, which should have held better the next support level is the 50 MA which is $38.67’ish...
If it reaches there then out that $11.00 on top of the 49.75 and it gives us a new target.
26 posted on
05/04/2011 8:22:22 AM PDT by
stockpirate
(If they vote for socialism, support socialists, they're socialists duh....Ech bin ein Paliner)
To: SeekAndFind
If it breaks below $38.80’ish next support is at $36.50’ish
32 posted on
05/04/2011 8:40:18 AM PDT by
stockpirate
(If they vote for socialism, support socialists, they're socialists duh....Ech bin ein Paliner)
To: SeekAndFind
Sorry before support t $36.50’ish there is support lite support at $38.00
35 posted on
05/04/2011 8:42:30 AM PDT by
stockpirate
(If they vote for socialism, support socialists, they're socialists duh....Ech bin ein Paliner)
To: SeekAndFind
Next support level is $38.67...........imho
39 posted on
05/04/2011 9:20:11 AM PDT by
stockpirate
(If they vote for socialism, support socialists, they're socialists duh....Ech bin ein Paliner)
To: SeekAndFind
I think we will find that today was our bottom. Now look for a breakout to higher levels. I’d say a long tail down which is a blowout bottom. Then moving higher the next 8-10 days.
40 posted on
05/04/2011 10:46:34 AM PDT by
stockpirate
(If they vote for socialism, support socialists, they're socialists duh....Ich bin ein Paliner)
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