Alcatel-Lucent (ALU),
a provider of equipment and services to the communications industry,
has exhibited a cyclical price pattern since mid 2004. Currently
the stock is on the downside of the fourth cycle for that period.
ALU could go considerably lower if support at $10 fails to hold.
Be careful with ALU.
Related Articles:
buyupside.com
Articles About the Price Downside
Price Patterns
- Support Levels May Constrain Price Downsides
Posted September 13, 2007.
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