weekend charting 29-01-10, page-132

  1. 2,863 Posts.
    SSkim

    AZZ recently tried but failed to break it's Rounding bottom resistance.

    Falling MACD Histogram indicates falling momentum & possibly a touch of the rising MA, (note the MACD/MACDH divergence).

    Pattern wise, this should give rise to a handle being formed, another tilt at resistance & if broken a run to $1.30.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.