Keith Richards Standard Pacific SPF-N DON'T BUY Aug 23, 2013

Chart shows a classic topping formation. The main thing to look for is a break in the neckline. He would say that we are about to enter into a bear market pattern for this company.

Keith Richards

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The trend line from May 2011 to earlier this year was broken. It is probably a pretty good example of a head and shoulders top. This was followed by a “Test”. The chart is bearish from every technical perspective that he can talk about.

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Keith Richards Standard Pacific SPF-N DON'T BUY Aug 23, 2013

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