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Technology Stocks : Stock Swap
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To: SE who wrote (12383)2/25/1998 5:46:00 PM
From: Trader X  Read Replies (2) of 17305
 
SEEQ appears to be a pattern failure,

but maybe not...

you see, it closed at 2 7/16, which is within the trading range for the reversal pattern, so yes, this may have been a fake-out today.

This is a good example of why I go mostly by closing prices to determine technical points.

-kh
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