Broke resistance, page-2

  1. 371 Posts.
    re: Broke resistance - Hairy Hairy

    ?? I'ts got a long way!

    Sure its a bearish looking chart - been forming a rounded top on daily charts since Sept 2001 ( so have many others on the market) however, if you check the chart on weekly data, they have been trending up since mid 1998. I'd be surprised if it broke through the 7.5 support. If it did I'd be looking to enter in quick as it would bounce back very quickly above 7.5.

    Just my opinion on what the tea leaves tell me.

    Good trading


    Bumps
 
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