see what i mean then, TA is always hindsight.
the 50,200 crossover can criss cross as the stock trades sideways. i call that noise, you call that fizzle. oit could cross to the upside again (on this news) and everyone would start hollaring as usual. a cup and handle would be called a cup & handle when it gets confirmed but what would you call it if it fails? i have seen both occur - especially in the futures markets.