This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Wednesday, 19 May 2010
Lumber
We got a good sell on this from the rising wedge and suggested profit-taking a little early.Now looks oversold with good support from 50% retracement,lower fork line and 200 dma.Bounce back to 25% retracement of the major range ?
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