ACI Breakdown
By Johns Wu on Feb 11, 2006
ACI broke down out of an uptrending support.
Watch how it behaves in the next few days to determine a trade strategy.
This entry was posted on Saturday, February 11th, 2006 at 2:00 am and is filed under Annotated Analysis.
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Hey JWU,
I know you are just analyzing charts but do you think that this a healthy correction, manipulation, or do you think that this is the end of the energy story, at least for now.
My two cents is that this is just a correction. The boat got way to over crowded and was bound to loose some passengers. But I think it may be time to load up again on energy in general. Anyway just interested in your thoughts.
John S.