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Technology Stocks : ADTM(Adatom.com) Another China Play?

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To: Ilokano who started this subject8/7/2000 11:30:39 PM
From: HairBall   of 7
 
ADTM <----- Today's news initiated a gap up on increased volume, which provided follow through to Friday's break above and test of the Mar falling resistance line. My intraday indicators went positive prior to Friday’s break.

For the most part...a fairly bullish chart.

My QChart ADTM (Adatom.com) 60-Min Semi-log Chart
marketdirectionanalysis.homestead.com

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My QChart Trend Lines

My charts are screen captured at (1024 x 768) and are best viewed at that resolution.

Green lines are resistance trend lines or resistance horizontal price action areas.

Red lines are supportive trend lines or supportive horizontal price action areas.

Gray lines (SRLs) are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action.

Dark blue lines are formation lines.

Light blue lines are previous formations, but on occasion are used to depict longer-term formations as well.

Note: Some of the trend lines that appear on my charts may have been establish by one or more price action points not shown in the current view or snapshot.
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Regards,
LG
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