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

No comments:

Post a Comment