With all these pretty bullish charts going up I thought I'd throw one up for the bears. The stock remains in a downtrend an until we have a break of the downtrending trendline, again the stock remains in a downtrend achieving lower lows and lower highs full stop. There will be many traders attempting to catch the falling knife or trading the moves within the downtrend and longterm holders sitting on their hands or accumulating waiting for the turn based on their in-depth research and faith in the company. Each to their own and all in my opinion, Goodluck.
http://hotcopper.com.au/post_single.asp?fid=1&tid=1405928&msgid=7958691
http://hotcopper.com.au/post_single.asp?fid=1&tid=1583408&msgid=9074386
Please note Price data in 1993 incorrect.
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ssn chart - feb 2012, page-5
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