Saturday, April 21, 2007

TOL Analysis for 04212007


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.

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