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Technology Stocks : Concentric Network Corporation (CNCX)

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To: lazarre who wrote (250)8/16/1999 7:11:00 PM
From: Venditâ„¢   of 377
 
lazarre

The chart I just showed you is really only forecasting a few days forward at most. It is a live updating chart BTW so if you mark that post you can follow CNCX's technical progression if you like. The signals on that one are not hard to read and understand.

I do have a longer range piece of charting software but honestly have not considered looking at CNCX in this manner because I just made my entry coming off the bottom and am only hopeful this trend continues as I believe it will, back to upper resistance levels. From that point we can look longer term once there.

Vendit

edit in: I just ran cncx thru my software and will add that the stock will have established a new uptrend once it closes above $25 1/2......the next level longer term trend line is at $38 5/8. That level needs to be taken out for a longer term uptrend to stay intact FWIW.

These targets will give you a feel for a longer period of time if you are interested.
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