Saturday, December 15, 2007

ABD Analysis for 12.15.2007

ACCO Brands Corporation - ABD

Monthly chart shows selling pressure continues unabated. Price well below the 8ema and has fallen through prior low and key LIS.

Weekly chart shows selling last week, with price closing on its lows for the week.

Daily chart shows downtrend in place with price well below all key moving averages. Look for continued weakness. No buy signal in sight.

No comments: