Message Font: Serif | Sans-Serif
No. of Recommendations: 3

1. how did you guys get that $455 and $435 as support levels?

The 455-435 was an eyeball to the late January 2012 gap, it's c$20, and I was using a 3 year chart, so it wasn't an exact number, but a general guide (not that all gaps fill anyway).

2. the next support level below $435 - is that $425 i.e. the previous breakout level that started the 2012 run?

After 435, I would believe the next level is just above the 405-ish, the October-November 2011. Again, I'm not using my regular charts, so it's a ballpark figure, so let's call it 410-405. Then in round numbers, c. 360.

If it gets there, I want Naj to buy me a bottle of 30 year old Oban malt. :) Because he'd have been short by then and made a killing....
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.