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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (4694)	3/29/1999 10:08:00 AM
From: rtroup	of 57584

Technical breakout in EWBX holding above 50 with very low volume and no movement YET today. ( I AM LONG EWBX AT 52 ) Average daily volume: 380,000 Today's volume as of 10:00am EST: 24,500 Todays hi/lo: 52.25 / 51 I don't propose to be a expert technician, but it has been my experience that when a stock breaks out of resistance on high volume and then pulls back to support (former resistance) on low volume... it means that the stock should be headed higher. They don't have a great fundamental business yet, so this seems to be strictly a technical trade. What do you think?

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