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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (135676)8/16/2006 10:45:39 AM
From: wave3rules  Read Replies (2) of 209892
 
In my many years of charting chart patterns (first started in 1983 with pencil and graph paper) I have found it very important to factor out glitchs. I suggest the trend line shown is more valid then using the low of the intraday spike below $150

Note 2 touchs for each shoulder, and todays action I feel validates the trend line as shown.

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