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Strategies & Market Trends : Chart Formations

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To: sean sanders who wrote (82)	6/29/1998 9:01:00 PM
From: mark bailey	of 967

Sean-Thanks for the response. I hadn't noticed the sym. part of the recent chart and I agree it is consolidating around 19-20 on lower volume. I take the volume to mean sellers are just about out of the stock near term. I'll check the RSI for the ascending triangle. I'm guessing that on anything looking like positive earnings news this stock will jump to $28 pretty quickly. Time will tell.

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