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Strategies & Market Trends : Point and Figure Charting

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To: Sam Quentin who wrote (945)2/22/1998 12:50:00 PM
From: Ms. X   of 34816
 
Hi Sam,
Sorry to take so long to respond.

ZOLT: Looks great. Above bearish resistance line now. RS is strong. Next resistance at 44. OK to buy on pullbacks stop of 29, violation of the bullish support line.

VTSS: Has a spread triple top resistance at 50. Great signal if it breaks it. RS is strong. First double bottom break at 46 but can give it more room. Bullish support line is way down at 42. Nice uptrend.

STRX: See nothing wrong here. Watch for this resistance at 43. 44 to break the double to. RS is strong. First double bottom break at 37. Bullish support line is way down at 24.

CBSL: Just finished a nice pullback and has reversed up again from there. Bet it keeps going up. First double bottom break at 61, resistance at 66.

CA looks interesting. Stop of 44 a triple bottom break below bearish resistance line.

Take care,

Jan
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