Forum Archive Index - February 2003
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RE: [sharechat] WHS Mystery Solved ???
Dear Phaedrus,
Thank you for the input and lesson. I'll get it right one of these days.
Allan
--- On Thu 02/13, Phaedrus < Phaedrus@techemail.com > wrote:
From: Phaedrus [mailto: Phaedrus@techemail.com]
To: Sharechat@sharechat.co.nz
Date: Thu, 13 Feb 2003 13:43:52 -0800 (PST)
Subject: [sharechat] WHS Mystery Solved ???
Allan,
WHS crashing through the $7.00 support level was not really a Sell signal
- more the "Kiss of Death" indicating grave technical weakness. The Sell
signals had all been triggered months before. Breaking this crucial support
level meant that WHS had moved from a consolidation pattern to an irrefutable
downtrend. The chart below is simply an update of the chart posted on the 24th
of July last year :- http://www.sharechat.co.nz/archives/2002/07/msg00272.shtml
Regards,
Phaedrus.
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