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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: John_W who wrote (4030)11/25/1997 1:35:00 AM
From: Instock  Read Replies (1) of 4701
 
NNOVEST INFU-TECH INC. (INFU)
CLOSING PRICE ON 11/21/97 - 5 5/16

TECHNICAL OPINION - MILDLY BEARISH
THE INNOVEST RATING IS TO SELL
THERE ARE FIRM TENDENCIES FOR A NEAR-TERM PRICE DECLINE.

INITIAL DOWNSIDE SUPPORT CAN BE EXPECTED
AT 3 39/64, NEAR THE 50-DAY PRICE AVERAGE.

UPSIDE PROJECTIONS FOR OVERBOUGHT ARE 4 1/2 TO 4 51/64.
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