Sunday, November 26, 2006

WEBX Analysis 11.26.2006

Possible abc type pattern here, creating a bearish butterfly. Definite short term resistance here the last 3 months.

Doji festival indicating major indecision. More profit-taking this past Thanksgiving holiday week.

Kicker signal 3 weeks ago gave clue that investor sentiment is changing. Plenty of opportunity to exit at/near the top for current investors still remaining in the stock. Aggressive short entry here.

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