Wednesday, August 15, 2007
NYSE Chart of the Day
Courtesy of Nirvana Systems
Daily Trading Signals
Courtesy of Nirvana Systems
MMR has formed a tight consolidation at the lows after dropping from the July highs. This consolidation also happens to be the right shoulder of a developing head-and-shoulders pattern, which is typically a bearish pattern. Look for weakness through 13.60 for signs of key selling.
Daily Trading Signals