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Strategies & Market Trends : Ask DrBob
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To: Drbob512 who started this subject9/30/2000 12:51:43 PM
From: TraderMERL  Read Replies (1) of 100058
 
DrBob: MSFT. I am convinced there is a descending triangle on this stock which you can see if you go back 2 years. Support trendline is close to horizontal around 60. Resistance trendline is diagonal starting at 105. Many indicators are forming successively lower highs and lower lows. Dis dont bode well IMO. Opinion appreciated
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