Thursday, June 29, 2006

 
NYSE Chart of the Day



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

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