I suspect we'll see a magical broadening up of this bottom
since downside tgts only have 50c or so to 17.76, upside targets
near 19 flat to 19.75 ... straight down would be too easy no matter
how bad these look today ... seems to have started already ... WDC,
another big telecom breaking out , held major fib line at
double bottom around 85, tgt $100 or so
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ABX, WDC telecom ATH
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Posted by cmunny on 26th of Mar 2014 at 11:27 am
I suspect we'll see a magical broadening up of this bottom since downside tgts only have 50c or so to 17.76, upside targets near 19 flat to 19.75 ... straight down would be too easy no matter how bad these look today ... seems to have started already ... WDC, another big telecom breaking out , held major fib line at double bottom around 85, tgt $100 or so