Iomega Corporation

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Thursday, July 27, 2006

Remember 641/643 Level?

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Do you remember 641/643?
Again it comes to heavy Resistance.

At this condition Heavy Over Bought.
Remember, there isnt always One Way Traffic.

We see 641/3 touch and down, Where in many Phases, such level wasnt able to be crossed.

At some places Profit taking should occur. And a Dip is very near.
Becareful for a Dip to occur anytime.

Keep eyes at New Home Sales as well.

We wish luck to those people who did Long.
And those in the side lines, dont worry, a dip should come, a new entry level should emerge

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