Question for the group: SHOO: Where is the BP?

From: Siegfried
Sent on: Thursday, July 29, 2010 12:39 PM

Where is the buy point for SHOO? I’m looking at the weekly chart. Is it 40.98 + 0.05 on 5/7/2010 or is it 35.99 on 6/25/2010.

 

I think it is the former because there was not much of a run up on 6/25 so I believe 6/25 to present does not constitute a proper cup. What do you think?

 

Thanks,

Siegfried

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