Saturday, March 03, 2007

TGT Analysis for 03.03.2007

Monthly chart shows high being made at a 1.886 fib level and at the same time, a 1.618 fib time tgt.

Weekly chart shows butterfly tgt hit at 1.27 fib.

Exuberant buying at the high into confluence of tgts is followed by harami showing change in investor sentiment. Current support off the 89sma.

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