Monday, March 06, 2006

BRCM - Update - H&S Top on 15 Minute Chart

As noted in my 1:32 post, BRCM was a good afternoon short, when the market suddenly felt extremely weak. It broke from a H&S top which had formed on the 15 min. chart over the last three trading days. The support of the 200 period SMA held into the close.

No comments: