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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Hawk who wrote (7623)4/19/1998 1:33:00 PM
From: Chris  Read Replies (2) of 42787
 
hi hawk,

good to see you back..

looked at your avei.. currently trying to stay above the 50 day ema. as you might now, a break of either the 200 or 50 day ema is automatic sell for me .

if 50 day ema is broken, it could see you also have support at 33.. if 33 is broken then you'll see 200 day ema @ 30.xxx

what i am doing is laying out all the support/resistance so YOU know the levels to look for..

outlook:

its on a weekly sell signal right now but not a very strong sell signal. i would recommend you hold position for a little while. you have to plan your exit -- whether you're going to exit at the 50 day ema break (on close) or let it test the 33 support? you have to decide.

overall i think uptrend can continue. at the moment, i would urge caution and be nimble.

keep me informed and let me know how it turns out.
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