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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Wednesday, February 3, 2010

MO


Head & Shoulders top on MO 1hr chart. A break of 19.68 could mean a downward stairstep move to $18.60. However, if 19.68 holds this H&S pattern is nothing but a beautiful bull flag on a longer term time frame.

Short with stop of 19.85
Long with stop of 19.63

One will be right with a full point move.

For the Web's best interactive charts, please visit http://www.Prophet.Net
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