Thursday, May 31, 2007

 
NYSE Chart of the Day
Courtesy of Nirvana Systems




OEH has built out a large head-and-shoulders pattern at the highs of a big rally, which is typically a very bearish sign. A downside break through the neck line (support) at 50.50 could spark heavy selling. Otherwise, further strength should be seen above this fulcrum.

Daily Trading Signals

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