Wednesday, September 30, 2009
Synear - Trend Reversal!
A Dark Cloud Cover Pattern (1st level reversal pattern) was formed on the uptrend channel. The stock may retrace back to $0.35 where this is the support line of the channel and 20D MA. If it breaks this support level, next support is $0.33. The uptrend channel probably ends when it reaches the $0.33 level.
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