Rally capped by 50 EMA and now testing $2.57 support. Support failure most probably to occur tomorrow and a retest of green uptrend support line again. This short rally shows price weakness and the green uptrend support line may not hold this time. Expect price to test $2.00 gap support if no Big Bulls buy near green support line.
Tuesday, February 5, 2008
STX PO back to $2.57 support again
Posted by Chart Smart at 9:30 PM
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