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Strategies & Market Trends : Chart Formations
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To: Casaubon who wrote (811)6/17/2005 10:20:46 PM
From: sean sanders  Read Replies (1) of 967
 
ahh ya I see that on the daily was refering to the 15 min chart. I would expect a small pullback on monday and then probably another run up; But I have seen rising wedges negate and the stock take off also.

I plan on holding FNM only short term a few points.

The 200 dma looks like a nice place to exit ie 64 range~

INTU was looking nice till today; that large red candle sort of ruined the nice upswing we had this week; now I think well pullback and for a day or more and have to decide where to go from there.
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