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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Sam Quentin who wrote (5642)12/10/1999 12:33:00 PM
From: James Strauss  Read Replies (2) of 13094
 
FSCX...

Sam:

It looks like we're getting a retracement to the 1 1/2 to 2.00 area...
bigcharts.com

This would complete a Head & Shoulder formation... That could be a good area to buy for trading purposes for a retest of the 3.00 area...
bigcharts.com

The weekly chart shows a multi year Head & Shoulders formation with the shoulders in the 6.00 to 7.00 area... That would likely be the interim price objective if it can get by 4.00 resistance...

Jim
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