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Strategies & Market Trends : Technical Analysis With Charts

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To: Bob V who wrote (220)8/31/2004 7:47:16 PM
From: chowder  Read Replies (1) of 6865
 
Bob,

BOP had been red about 2 weeks ago and up until about 4 days ago. It then turned yellow which is neutral and turned green today.

Now again, it's not a trigger indicator. It merely confirms a good hammer type pattern that developed today.

Other than that, there isn't anything else that stands out yet. Good volume with a nice candlestick today is a play worth playing, in my opinion.

Nice confirmation with Stochastic and MACD, by the way.

stockcharts.com[h,a]daclyiay[pb50!b200!c20!f][vc60][iut!Lh14,3!La12,26,9!Lc20]&pref=G

dabum
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