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Strategies & Market Trends : Charts for Breakout

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To: Julius Wong who wrote (3480)12/10/2002 4:14:43 PM
From: Toby Zidle  Read Replies (1) of 3506
 
The daily chart shows that INAP should fall to 37-cent level or lower. After that, a bounce to mid-40s to form a right shoulder.

The steepness of the rise and subsequent fall, along with volume data, mark this stock as a 'Pump & Dum' play.
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