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Technology Stocks : Network Appliance
NTAP 115.99+1.1%Dec 4 3:59 PM EST
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To: SecularBull who wrote (9769)1/9/2002 11:01:12 AM
From: BirdDog  Read Replies (2) of 10934
 
Same as it was. Basically we put in a short term bottom yesterday morning. That was a double bottom...first one the afternoon before. That bottom is supported by the highs in the consolidation through most of december. Previous high resistance provides current low support. Yes...we could go lower. But looking at this company's chart. Lower would only be chop in a consolidation zone that would lead to a breakout higher than friday's high. Look at your charts. It has been doing this for a couple months now.

BirdDog
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