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Pastimes : ASK Vendit Off Topic Questions

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To: brk who wrote (8930)3/1/2000 4:57:00 PM
From: Venditâ„¢   of 19374
 
brk and MMK

Re: Is a close above 50 considered a break out of resistance ?

The short answer is yes, GLBX has definitely closed above a moderate resistance level but is not to be considered a "break out" stock at this time.

It does however show renewed strength with a new Stochastics buy signal and a higher close tomorrow is likely.

Next upper resistance is $52 and from there about $55. Those should be the next two targets to watch.

askresearch.com

brk Im sorry and did not mean to over look your question so please feel free to over look my answer.
:8-)
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