Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Gary105 who wrote (123)	3/30/1997 6:20:00 PM
From: GJD	of 763

In Japanese Candlesticks, a Hammer is formed when in a declining price environment prices go to a low level but close at or near the top thus shaping something resembling a hammer. This is a bullish technical sign. RMDY started the week of 3/17 at 36 7/8, during the week went down to 29 3/4 and closed the week at 38 3/8. The reverse of a Hammer occurs in a rising price environment and has the same shape, but it is a bearish technical signal. It is called a Hanging Man.

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