The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: ACAN who wrote (33160)	12/24/1999 1:26:00 PM
From: Doug R	Read Replies (1) of 79189

Allan, HIPC has some good volume over the last couple months. It doesn't appear that the price has fully moved as high as that volume would suggest. Once it gets to the 2 1/4 to 2 1/2 range, a base should be expected that would set up the possibility of a good swing up out of a rounded bottom formation. The technical profile at that time will be very useful in determining its prospects. If it can work its way over 2 3/4 and then NOT pull back to lower than the 10/28 low, it would have a MIM to use as a more systematic point of reference as well as a basis to say that it's likely beginning an intermediate term uptrend. Doug R

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