Thursday, June 29, 2006
NYSE Chart of the Day
Daily Trading Signals
AMT has formed a clear triangle consolidation after dropping from highs in May. This consolidation looks to be the right shoulder of a large head-and-shoulders pattern, which is a highly bearish pattern. A downside break could lead to big weakness, but also keep an eye on the upper boundary for strength through the top. Watch 31.00 up, and 29.00 down.
Daily Trading Signals