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Strategies & Market Trends : Rande Is . . . HOME

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To: KevinThompson who wrote (15524)11/23/1999 8:28:00 AM
From: Kevin Shea  Read Replies (2) of 57584
 
KT.... MZON has the same look at the others ... pressuring resistance from below..MZON fell off resistance on the daily with the TA being neutral(i.e. following in line with price)...in the 60 min TA weakness preceded the ST price decline....trendline suggests downward price for another day or 2..

On tactic might be to buy the break over 9.5 rather than entering now, since we have a ST downward trend and risk is higher than reward (right now)....but that's only my opinion and investors should make their own decisions.
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