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Strategies & Market Trends : Point and Figure Charting
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To: ViperChick Secret Agent 006.9 who wrote (4853)7/18/1998 10:23:00 AM
From: Ms. X  Read Replies (1) of 34811
 
Hi Lisa,
It does seem to hit its head at 120 but still looking good.
The monthly just turned back to negative but it would only take a
move to 119 to flip it back to positive. Stop of 100.
A move to 122 would be fantabulous!
I would feel comfortable entering positions on this pullback IMHO.

126
124
122
120---------------------------X --------------X <--Spread double top.
118 X O X X
116 X O X O X <--Triple top break.
114 X O X O X X X <--Current price (115+) still
112 X O O X O X O X above where a reversal
110---------------------------X ----O X O X O X -- would happen
108 X 5 X O 6 O X
106 X O O X 7
104 X O X
102 X X O
100-----------------------4 O X ----------------<--Stop loss.
99 X O X
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