Right shoulder on COMP inverted head and shoulder is pretty much in place as it pops out of a potential bear flag. I had raised that possibility a few days ago, here is confirmation if the lows hold. Neckline is around 2180, projected upside target would be 2350 on a breakout above neckline. First things first, we need to get above 50 day moving average at 2109. Nevertheless, technology is the place to be going forward.
This entry was posted
on Wednesday, August 09, 2006 at 8:50 AM.
