Forum Archive Index - March 2000
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RE: [sharechat] What's up (or down) with SMR??
From a
technical analysis perspective, the prominent head-and-shoulders pattern formed
Dec-Feb and the subsequent breach of the important 0.46 resistance level,
foreshadowed a free-fall to the next resistance at 0.34.
I predicted
this two weeks ago and for whatever reason, ignored my stop-loss at
0.45.
What a
pillock!
I noticed
from the limited information available to me, regular large sell-offs over
recent days - probably the same entity.
If market
depth information had been available on-line, one would be able to make more
informed decisions.
Regards
Willi
References