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Strategies & Market Trends : Point and Figure Charting

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To: Sergio H who wrote (1109)	2/25/1998 10:44:00 PM
From: Ms. X	Read Replies (1) of 34812

Hi Sergio, CHSE is on a nice pullback. It had broken through its bearish resistance line and given a double top buy signal above it. This is good. RS is on a buy signal but in a column of O's. It does seem to be holding steady and even improving somewhat. The daily momentum is negative but will turn positive at 20.5. Weekly momentum already positive. You can enter here on this pullback and use 16 as the stop, a violation of the bullish support line. If the FA is in place, the TA looks like CHSE is at a good entry point with a reasonable risk reward/stop point. Best of luck, Jan

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