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KLang
Jan 12, 2013 9:36 PM

RL 

Ralph Lauren CorporationNYSE

Description

Nothing on the daily, except moving above the down trend line, gave a clue to this last big move. The weekly showed support at the 100WMA.

Nothing on the monthly, weekly or daily says a buy is safe here. Nor is there a firm sell, but the MA's don't support long term bullishness.

We do have a higher hi from May (although not from this spring) and a higher low from the May low, although the most recent low was lower to the low in November.
Comments
QuantitativeExhaustion
great chart example of diamond
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