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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	10/6/2005 8:46:21 PM
	of 6865

Another reason Alcoa could bottom at 20 stockcharts.com[g,a]dacayyay[d19901006,20051006][p][vc60][iub14!la12,26,9!lc20][J60387686,Y]&listNum=24 besides the real support and resistane lines mentioned on the last post that is calling for a 20 dollar bottom Market Natural flow lines are also pointing at this area. Flow lines usually touches other support and resistance lines as they cross the counter trend. The present projected flow line has a gap which is common for a flow line to cross thru and it also has a resistance touch as is common also with flow lines as can be seen on the chart.

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