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EMC finding support?

 
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fletcher



Joined: 23 Feb 2007
Posts: 1

PostPosted: Mon Mar 12, 2007 9:59 pm    Post subject: EMC finding support? Reply with quote

EMC has dropped from $14.79 on 2/21 to $13.09 today.

It seems to have found support on the 200 day EMA, with a bullish harami and a couple of spinning tops. This is also support from previous resistance in June & October last year.

If we take $14.50, or there abouts, as resistance, that gives 10% on the upside. Stop is about 20 cents down, below the doji on the 9th, or 1.5% down, for those with vertigo.
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