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Non-Tech : GTAX - Gilman & Ciocia, Inc.

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To: Doug R who wrote (45)1/3/1998 2:16:00 PM
From: Doug R  Read Replies (4) of 184
 
Well it looks like the shakeout worked. Nobody here but me I geuss. There is now an inverted head and shoulders set up in the short-term (7, 3, 10) stochastics with the very short (2, 1, 2) stochastics warning of a possible move up beginning as early as Mon. The uptrend in the RSI is intact. The trendline in the price from the lows on 11/4 and 11/14 was tested and held. That line reaches the current price on 1/8 then it gets to 8 1/4 on 1/14 so I would expect new highs will be made around that time or sooner as long as the trend is intact.

Just in case anybody was wondering,
Doug R
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