Sunday, June 24, 2012

Maybe this time is Different

or maybe not!
Huge Head and shoulders on Franklin Resources Inc. (BEN)
The right time is here. Bigger decisions and larger chop will be prevail at the 84-88 level. If the H&S plays out. This stock could half.



A move back above 116 could be the all clear!

1 comment:

  1. Although i previously said that a move up to 116 would be the "All Clear", the way in which BEN has moved to 116, looks more like a retracement of the previous down leg. 116-118 is now a sell!

    ReplyDelete