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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gush who wrote (3125)	12/28/2004 8:32:01 AM
From: Vendit™	of 8752

Good morning Gush, I was up last night working on another project so am a little late getting started this morning. themarketwind.com ERES filled an upper gap yesterday that was created back in late September. MACD signaled the momentum power volume mover yesterday so you may very well get enough follow through momentum this morning to take the stock through the next upper resistance level just after the open, Stochastic indicator agrees that you will get this move through upper resistance so I would expect ERES to make the next upper target of just shy of $18.00. Be wary of the William’s %R as it shows the cycle is near its end. This is a nice find! (still looking at ARRS) Reid.

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