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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (62424)12/31/2002 2:30:19 PM
From: skinowski   of 209892
 
Do we have a post-Christmas impulse down on MSFT on the 15min chart, with an ED for a fifth?

If it is a matching leg for the December decline, than it bottomed today at 50% of the length of the first leg. It could be a ‘A’ or a ‘1’ of a larger decline… but in any case, a break above $52 seems likely to be at least a bounce buy.
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