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Strategies & Market Trends : Prosoft Software (POSO)
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To: Milk who wrote (40)6/29/1998 11:05:00 PM
From: Mike Medford  Read Replies (2) of 90
 
Hi Milk,

The chart is are a screaming buy again.

anet-dfw.com

Bullish MACD and Stochostic's.
Increasing volume on a down trend line and pennant break out.
13 day exponential moving average turned up.

If the pennant theory works, it should be good for a quick 4 points or 80%.

A 50% retracement is good for nearly 30%.

I highly recommend a stop at 4.375.

Best of luck,

Mike
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