Registered: 1101968123 Posts: 497
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Middle of one channel and close to the apex now. Which way will it break?
Sector has been fairly strong.
Registered: 1101777014 Posts: 4,823
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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 __________________ Dave's LinkedIn Profile Technical Watch Twitter Page Technical Watch Facebook Page "As for it being different this time, it is different every time. The question is in what way, and to what extent" - Tom McClellan "An economist is someone who sees something happen, and then wonders if it would work in theory" - Ronald Reagan "What we see depends mainly on what we look for" - John Lubbock "The eye sees only what the mind is ready to comprehend" - Henri Bergson “Answers are easy; it’s asking the right questions which is hard” - Dr. Who - 1977 "You know the very powerful and the very stupid have one thing in common - they don't alter their views to fit the facts, they alter the facts to fit their views (which can be uncomfortable if you happen to be one of the facts that needs altering)" - Dr. Who - 1977