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doc

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Reply with quote  #1 

Middle of one channel and close to the apex now. Which way will it break?

 

http://stockcharts.com/c-sc/sc?s=NDAQ&p=D&yr=0&mn=11&dy=0&i=p65414895067&a=96192260&r=1332

 

Sector has been fairly strong.

 

Doc


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fib_1618

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Reply with quote  #2 
Quote:
LONDON (AP) — The NASDAQ Stock Market Inc. failed in its $5.3 billion hostile bid for the London Stock Exchange PLC, revealing Saturday that it had received acceptances worth just 0.41 percent of the British bourse's ordinary shares.

I guess the market smelled this coming last Wednesday.

It will be interesting to see how the stock reacts Monday morning, but a test of the all time highs would be the short term price objective based on the recent chart action.

Fib





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