FLEX ...
daily chart view .... more down likely with heavy resistance @ 8 and moving down as well (resistance, that is)
shorter term view ...
pull a 60 min or 100 min or some short term chart and draw a line from high Feb 5 to high Feb 7
this line will, I think, reflect the falling resistance, and therefore the falling price for FLEX ....
on a verrrrry short term basis ..
resistance @ 7.50 might be difficult to break, but if broken there .... 7.65 should hold an rally |
