< Return to Bears pageBXP should drop and reach $53.19 on Technical Sell pattern
This prediction was entered on 8/11/09 based on the close on Friday 8/7/09 when BXP bounced off the 38% extension.
See
to see the Sell signal.
See article at:
http://www.wikinvest.com/image/LUV_SELL.jpg for a simple explanation of the mechanics of that signal
See also http://www.wikinvest.com/image/LUV_BUY.jpg
For an examples and explanation of the Buy Pattern and signal.
Let's see what happens over the next few days
Note how this pattern is very similar to the pattern for VNQ which can be seen at
which also showed a Sell signal on Friday 8-7-09. That pattern has a target price of $35.10
I had a bearish opinion on VNQ with a target of $35.10, but I can't find it anymore.