Thursday, May 31, 2007
NYSE Chart of the Day
Courtesy of Nirvana Systems
Daily Trading Signals
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