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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Spreck who wrote (7487)	4/7/2005 7:23:11 AM
From: Vendit™	of 8752

Good morning Spreck, I took a hark look at the CQB chart and decided to rework it. 139.142.147.218 Note that stochastic and William’s %R are both signaling a buy but are also both very high on their scales. Also note the nice bullish candlestick formed yesterday. Now bump this information against the Linear Regression chart that I linked above and you can conclude that CQB is short term bullish but very near its upper resistance trend line. A target price and reversal area of about 28.25 is what is to be expected, IMO. Reid

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