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.
Sunday, November 26, 2006
WEBX Analysis 11.26.2006
Posted by TraderZ at 11/26/2006 08:38:00 AM
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