Ann: Fletcher Building Market Update, page-34

best guess is 2.79 close May 31st. interim monthly low around 2.50's. then bounce on the weekly to 2.95 to test gap and revert to moving average and to test $3-handle. then sideways channel for a few months. two long-term trends are bare on the map, a fifteen year descending parallel channel (pink) and medium term wedge (lime). Core business stretched, inflation, rates, indebtedness, directors under immense pressure. (And office when AG buys anything know that it is yet to bottom). trade it (like someone here said "don't fall in love"