Monthly chart shows that the price has retraced to the .618 fib level of $22.22, where it found support. Early buyers stepped back into the stock during the month of April. Current upside target is $44.80 area.
The Weekly chart shows that the price retraced to the .382 fib level of the move down, after it found support off the $22.22 level (or .618 fib level).
The daily chart shows that current support is off another .618 fib level, with early buyers stepping back into the stock. Current resistance is the $30.25 area.
Saturday, April 21, 2007
TOL Analysis for 04212007
Posted by TraderZ at 4/21/2007 03:46:00 PM
Labels: TOL
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