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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: gaj who wrote (61908)9/18/1999 9:41:00 AM
From: ynot  Read Replies (2) of 120523
 
visx have a look at the white hammer with the long tail reaching below $80...the bottom (open) of the white candlestick body is sitting on a 'window' resistance level...look to the left and you will see the gap between a small hammer and what looks like a white spinnint top, but with a larger upper shadow

visx sitting on current resistance level(midpoint of white candle on left) next targets down, about $90 with a pause at $87 and resistance at $85 again (+/- $1)

if that level is breached $75 will come quick

on the upside it looks like $98 +/-$2 is resistance band and $87>98 is the trending range

my guess is a violent move out of the range, not sure of the trigger, but it depends why it got to the range, if it was pure momo, down

all imho, from a rookie
regards,
ynot ;)

bigcharts.com
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