On the left the prognosis as of Oct 24 2011, on the right what actually transpired. The  structure here is that of a diagonal triangle (which is not a triangle) or in plain English , a wedge. They have overlap and are highly predictive. In this case the “normal” prediction would be for a drop to about $160 seeing that that is the “base”of the wedge. In these markets things seldom work out precisely as the stock only dropped to $167 but that is still almost $80 from the top of $245.

Since the low the stock has gone back up and is about to double top. It is quite amazing how investors, whoever that may be, do not seem to have a care in the world having so recently burnt their fingers and yet willing to do the same thing all over again. A sell.

Absolutely no idea how to count this. but we are hugging the upper trend-line, not good!

Whatever this is, it looks like it is yellow, quacks, and floats. That does not mean it is a duck but it does mean that you would be foolish to ignore the possibility. It is , of course a diagonal given all the overlaps so you should say, “thank you” and take your leave ASAP, they are reporting tomorrow.