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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (5259)	6/18/2001 12:54:30 PM
From: Henry J Costanzo	Read Replies (1) of 209892

Re AOL: don't know about EW counts, but otherwise: holding above 200-day SMA, with 50-day having crossed above 200-day, and 20-day above 50-day. In addition, may be far-fetched, but action last 8-9 months seems to have traced out a huge inverted Head & Shoulders - with volume meeting all the classic requirements - and RSI & Stochastics currently in position to support a rally. ... Anyhoo -- would say well worth watching for a good move in the event of a general summer rally anytime soon...

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