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Magal Security Systems Ltd. Message Board

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  • b_billy_bosco b_billy_bosco Jul 15, 2004 4:33 PM Flag

    Not a good close

    Actually, its fine

    Drop today touches breakout of symet triangle, looking good I'd say, lets see what happens tomorrow

    • What a bunch of idiots. One guy tells about a triangle the other a square the third forming a base.

      The only good thing for longs is that it retraced back to the 20 DMA. First time it does that after a rally in a while. If it break 17.60 it is dead meat though.

      If it closes above 18.75 for the week it will be bad for shorts. It has not been able to do that for more than 1 day.

      This is a trading stock. YOu do not hold positions with this POS

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