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Technology Stocks : Key Energy, Pool Energy

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To: Flan who wrote (4)6/18/1997 10:13:00 PM
From: Rick Slemmer   of 36
 
Flan:

Kinda quiet on the KEG front, so I ran a chart on it again. Despite the flailings of the NASDAQ and NYSE this week, KEG has hovered between 17 and 16.5 most of the time, while accumulation indicators hint that there aren't many aggressive sellers. I see the same consolidation pattern that the stock exhibited at 15 last month. On-Balance Volume continues to post new highs every day, and Relative Strength is trending stongly up since June 13th.

Short-term still looks promising.

RS
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