SIAL/Sigma-Aldrich - An important test of top on the weekly chart. Would like to see it hold above the 58 level for upside prospects to continue.
If we view this test of top in the context of the monthly chart, and we can see why it's important that it can hold here. Maybe a lot of investors have bought what they would characterize as a "breakout" above 58, and if they are disappointed, they turn into -- that's right -- sellers.
04.02.09 10:25 #