Noticed the interest in TOL up to 050203 when the last break failed at 6.78.
We are in the same breakout situation again though this time it has held 680..next break of 700 will need more vol if the present selling depth at 700 is any indication, from there there is a significant gap up on the chart to 750. Of significance the 180MA arrived at 6.75..
will have a crack at posting a chart later
Most Technical indicators are bullish, my reservation are vols and the two long upper shadows this week indicating reversal.
john
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