Charting Of Fossil And S&P Retail Index
Posted on September 12, 2008 at 05:00 AM EDT
Fossil (FOSL) appears is trading in a range on declining volume. Short-term support is at $28 and long-term resistance is at $31. It appears that FOSL is forming a symmetrical triangle within a larger neutral range. A breakout at $32 is considered bullish and a continuation of an uptrend and a breakdown under $28 is [...]
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