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[sharechat] Pacific Hydro - technical question


From: Adam Rands <adam@iguana2.com>
Date: Fri, 22 Feb 2002 16:42:48 +1100


Phaedrus/Andrew/Others

I recently bought into Pacific Hydro (ASX:PHY) @ 4.11 based on 
fundamentals,  management, good growth prospects and that it was a ethical 
investment (i started feeling guilty about making some good gains on Ebet 
recently :P)

Over the last few days the share price has retracted quickly to close @ 
3.70 today (down 10% in the space of a week)

What tell tale technical signals were present a week ago that could of 
provided me with a better understanding on when I should of entered the market.

Chart attached

Adam

phy.gif

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