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RHC - Your health is their concern...

Chart Forum » Stocks - ASX: long term & fundamental » The Squawk Box » Lesson Galore » RHC - Your health is their concern...

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holycow
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Username: holycow

Post Number: 1973
Registered: 08-2004

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Monday, October 24, 2005 - 12:13 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



RHC Daily



... there seems to be some kind of rotational selling going on, stock such as RHC and the healthcare sector is relatively inflation proof, but last week DVC had a haircut and this week, it seems it's RHC's turn. The trim started last Friday, today is the crude cut look, after which? Perm and dry? Nah... there's only one option left - the baldie look! Cool!

1) On the daily chart, the break down through the channel is quite obvious, whether it will drop all the way to the anticipated target is anyone's guess. So far, I don't think the selling has been vigorous or rather, vicious.


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