Tuesday, March 16, 2010

Toll Holdings


Toll Holdings has bounced nicely from the 50% fibonnaci level and appears ready to make a decent retracement back up the long Candle that happened after the recent results.

The potential target out of the present pattern would be somewhere in the $7.70 region. A break in the trendline on the RSI and a move above $7.20 would confirm this bullish move.

Good Hunting

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