Point and Figure Charting Message Board

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Strategies & Market Trends : Point and Figure Charting

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To: chartseer who wrote (25401)	7/4/2001 11:22:46 AM
From: Bwe	Read Replies (2) of 34811

Hi Steve, A High Pole at the Bearish Resistance Line in January seemed to have started DD off on the wrong foot in 2001. Since then, the stock has been trading range bound between $40 - 50 and has been unable to meaningfully break the BRRL. Bad news for a long termer like me. If DD could break the BRRL and hit say $52, that would change the trend and complexion of this chart. I'd then start looking at the Bullish Resistance Lines at $60 and $65 currently for longer term po's. What's your take on the chart? Bruce

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