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: bazan who wrote (36234)	7/14/2000 1:40:18 PM
From: Doug R	of 79383

Bazan, ADTK's IL is in the very low 30s. Typically, a stock that gets as high over the IL as ADTK did will find a sort of false support on the IL and bounce a bit from there. For the very nimble. it's a good place to consider covering and going long for a couple days. Once it tops out from that bounce...it'll go to the ACT. Down in the low 20s. RR should be just over 50% so from the ACT it appears that it will bounce right back up to the IL and find it as very stiff resistance around 34. Now...get out the manual and study those IL charts. Sheesh. Doug R

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