Monthly chart shows price to be above all key moving averages. Support can be found at the mid-point of the large green candle.
Weely chart shows strong buying the last 2 weeks.
The daily chart shows a morning star type of candle pattern right off the 200sma. The retracement down from the $33.81 high is a 5-3-5 three wave zigzag pattern. Upside targets: test of 33.81 high and then higher.
Saturday, August 25, 2007
SGP Analysis for 08.25.2007
Posted by TraderZ at 8/25/2007 10:28:00 AM
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