UNUM Group
Monthly chart looks like it has 5 waves up into .786 fib resistance.
Weekly chart shows consolidation with renewed selling last week, creating a bearish engulfing pattern.
Daily chart shows kicker type signal pattern in place with Friday's trading action. Major shift in trader/investor sentiment. Look for continuation lower.
Sunday, December 16, 2007
UNM Analysis for 12.16.2007
Posted by TraderZ at 12/16/2007 02:39:00 PM
Labels: bearish engulfing, Kicker Signal, UNM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment