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Technology Stocks : OnSale Inc.
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To: StaggerLee who wrote (817)2/21/1998 7:02:00 PM
From: Bob Kimball  Read Replies (1) of 4903
 
TA looks like a downside break.

The recent consolidation pattern <should> have resolved to the upside but didn't. There were a couple of tests against that consolidation pattern that failed on Friday. That usually means look out below.

Longer term, charts like ONSL usually feature a decline to below the takeoff point of the hyperbolic blowoff. That would mean a solid bottom under 10.
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