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Strategies & Market Trends : Point and Figure Charting

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To: Magnatizer who wrote (1071)	2/25/1998 10:19:00 AM
From: Ms. X	Read Replies (3) of 34811

Hi David, We have SRSL, here we go: First, the sector is in bear alert and moving down currently at 62%. SRSL has a negative relative strength that appears to be weakening. It has currently traded up to its bearish resistance line at 9. Daily and weekly momentum is positive. It did break a triple top but I would like to see it get above its bearish resistance line at 10. Next resistance at 11. Stop of 6, first double bottom break below bearish resistance line. Be careful with this guy and don't let it slip away from you. Best of luck, Jan

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