SUNLIFE FINANCIAL - SLF
Monthly chart shows constant selling by the bears, since the high was made in October 2007. Short term support is right off a small LIS where "old resistance becomes new support". However, I expect this support to be broken, as the bears take the price down further. No buy signal/pattern evident on this timeframe.
Weekly chart shows increasing selling pressure this past week. Look for a break of the current $43.30 low. 
Daily chart shows price to be stuck in a consolidation/trading range since the January 2008 low was made. I expect that the price will break down from the consolidation range, and make lower lows.
Showing posts with label SLF. Show all posts
Showing posts with label SLF. Show all posts
Sunday, June 08, 2008
SLF Analysis for 06.08.2008
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