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Technology Stocks : Equinox Systems (EQNX)
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To: Scott H. Davis who wrote (245)1/14/1998 8:25:00 PM
From: Scott H. Davis   of 765
 
TA/Market dynamics question. How do you integrate TA and observance of the market. Today, EQNX opened way up due to MM's upping the bid/ask in response tothe news release. The result was a candlestick pattern that has gives the impresion of a down day. Unless you folow this company, you would have thought it had a bearish day looking at the candlestick.

So do you totally toss out today? If you're reviewing a chart for a company you are considering buying, should you attempt to find alternative explainations for technical formations? How can you do this for a company you have not followed previously? Curious, Scott

(cross posted from the Rational Analyst thread to get the perspective of both those who follow EQNX and those whoare trying to integrate TA & FA across multiple cases.)
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