Tuesday, December 12, 2006

MVL Analysis for 12.12.2006

Monthly chart shows selling into the $29.73 high. Look for pullback or retracement.

Indecision last couple of weeks, with increased selling as buyers try to take price higher.

Exuberant buyers tried to take prices higher, but each time were met with sellers. Today, sellers stepped up the pace with a kicker signal to the downside. Sellers came in at the open and sold into the close.

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