Thursday, November 8, 2007

PCOR - looking for support

PCOR = 6.7 (-1.5%)

PCOR formed black candle with lower high and lower low.

Seems to be looking for a level of support.

If PCOR manages to bounce at the 38.2% fibonacci retracement level it may be considered a healthy correction and previous high will be tested and possibly broken.

Good luck to all PCOR traders!

FR: 6.44 (38.2%)

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