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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (12407)2/18/1998 7:24:00 AM
From: bazan  Read Replies (1) of 79297
 
Doug,

I'm trying to draw some trend lines on BMC, w/o much confidence I might add. I'm confused as to whether use the line from the tops 1/5 to 1/13 (dates approx using aiq) or from the tops 1/9 to 1/13. Would the latter be considered resistance and the former support? My interpretation; I will sell at 18 3/8.

Am I way off? Would appreciate any type of help you can offer.

Regards,
ms
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