LEHMAN BROTHERS - LEH
Monthly chart shows price has fallen below the 34ema and below the prior key LIS and support at $58.00.
Weekly chart shows head and shoulders reversal pattern in play.
Daily chart shows consolidation with a small double top at the $67 high where sellers came out in force. Look for continued weakness and a test of the current low at $49.15 before lower.
Saturday, October 20, 2007
LEH - Analysis for 10.20.2007
Posted by TraderZ at 10/20/2007 02:41:00 PM
Labels: LEH
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