Quote:
Originally Posted by HAUGHT007
I haven't followed this beast long enough to know how well she respects the old trendline method. So I thought I'd get the opinion of the experts. Not to be pessimist but it looks like she's respecting the trendline starting on 7/20 at 251.09 at the high and hitting again 11/1 at 241.34. The last 3 days she's been testing this line but can't seem to get past it and right now it's sitting at 215.50. What are the chances of her breaking through?
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Good observation. We are also at a neckline test of that giant head and shoulders.
It is possible for her to make a nice plunge.
If she breaks, she will be breaking two critical levels.