Sunday, October 21, 2007

WHR Analysis for 10.21.2007


Monthly chart shows evening star reversal pattern at the $118 area high. Current short term support is a .382 fib level and the 34ema. The move up has been corrective in nature - look for a sharp move down

Weekly chart shows continued weakness, with price below all key moving averages.

Daily chart shows possible impulsive move in progress. IF that is the case, THEN look for a hard and sharp move down from here.

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