GREY:ARWJF - Post by User
Post by
Techsavyon Nov 05, 2013 1:54pm
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Post# 21878100
ARW Weekly Chart
ARW Weekly Charthttps://stockcharts.com/h-sc/ui?s=ARW.V
It looks like those who wanted out may have an opportunity here. The bounce is just about over and the resumption of the downtrend shortly. Based on this stock chart (which is poor quality) and the selling volume on the last decline, ARW is about to go into a death spiral.
WCS futures falling off a cliff, this is going to get ugly
Keep your stops in place. Just remember, Dave-2-pennies has his in around 21.5 / 22 and he never loses money as his purchases are based on sound research....lol
This support level (22 cents) is just about eroded away, don't say I didn't warn you.
Now my other picks, hopefully some of you climbed on board
TS