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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Alski who wrote (19039)7/4/1998 2:05:00 AM
From: milesofstyles  Read Replies (2) of 79279
 
i agree with max that wdfc should take a hit. looking at the dates 3-11 and 6-17(where the current run started) looks like a double top formation to me. the line is in the 24.50 area. how it reacts there will be a big clue as to what happens next i think. my data shows institutions hold about 34 percent of the stock and there is no real short interest to speak of yet. might be helpful to see if and where any block trades are occurring as well, as a response measure to the news.

justanopinionov

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