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Technology Stocks : Optical Cable Corporation - OCCF

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To: REH who started this subject1/20/2002 10:01:55 PM
From: ogr81  Read Replies (1) of 449
 
Technicals say go long here

From a technical standpoint, OCCF has formed a Morning Doji Star candlestick pattern. This pattern suggest that $1.20 is a support that will not be broken on a closing basis for a reasonable period of time, all things being equal. All the technicians around the globe see this too. This is not a *perfect* pattern because the first day of the three day pattern should have a long body..this one is short. But, IMHO, it is enough.

From here into the future OCCF moves higher, according to this candlestick trading method.

Good news. (for the longs)

May all your trades be successful
Wayne
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