weekend charting 09/10/09, page-14

  1. 2,829 Posts.
    scilliams (EXT SDL ANQ)

    SDL I posted a couple of days ago on the SDL thread. I believe price will support on the blue up trending line.

    EXT looks to be supporting on the lower tine of the blue fork, which coincides with the ema55 of the close weighted median. It looks to be back testing wither the black ML or the EMA21. See which barrier it breaks, and go with the flow.



    ANQ bounced at the blue ML. Last time it had a bounce it rejected at the ML of the ST up facing fork (red). I have drawn in a green ST fork. Price is almost at the ML, so it might bear watching after the last pattern.

 
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