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Skullcandy, Inc. (SKUL) Message Board

  • arcticfax arcticfax Nov 12, 2012 12:11 PM Flag

    SkullCandy...breaking all the charts!

    Can't chart this one. Heading to a dollar...taking technicals hostage.

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    • After 3hrs and 30 mins, it tested and held the 8.50 level. On a half hour basis, the volume was 58k vs 61k, not quite enuf to break it; needs to build a little more cause. Sounds counter intuitive but breaking 8.50 is bullish imo. It can then print a lower low, trough "F"; a high probability terminal low.

      8.43 is the monthly pivot support-3 level.
      8.33 is the 1.272 ABCD extension off the 16.75 high.
      8.31 is the daily pivot support-2 level.
      8.18 is the weekly pivot support-1 level
      8.18 is the support line of the long-term downtrend channel

      The daily volume is light so far....so today is the day to print a lower low.

 
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