Saturday, November 03, 2007

KFY Analysis for 11.03.2007

KORN FERRY INTERNATIONAL - KFY

Monthly chart shows an abc 3 wave pattern into .618 fib resistance. Price has now broken an uptrend line in place. price currently below all key moving averages.

Weekly chart shows buying off the $16.32 area low found resistance at the .382 fib level.

Daily chart shows consolidation and resistance for buyers to take price higher. Look for test of the lows and possibly lower.

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