BEAR STEARNS COMPANIES INC - BSC
Monthly chart shows price below the 34ema with current downtrend intact.
Weekly chart shows price below its 34ema with current support at .500 fib level.
Daily chart shows consolidation into $133 area high, where sellers gapped it down the following day and continued to sell it thereafter. Look for continued weakness and test of low at the $100.35 area and then a break of that low.
Saturday, October 20, 2007
BSC Analysis for 10.20.2007
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