Avon Products Inc. - AVP
Monthly chart shows a lower high made at the .786 fib level. The move up into the .786 fib level was made with 5 waves, and with divergence in the CCI momentum indicator.
Weekly chart shows strong selling pressure the past week. 
Daily chart shows a lower high made. Look for continued weakness and lower still based on higher timeframe chart pattern.
Saturday, December 15, 2007
AVP Analysis for 12.15.2007
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