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Technology Stocks : Micron Only Forum
MU 237.16+4.6%Dec 5 9:30 AM EST

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To: Skeeter Bug who wrote (37580)8/19/1998 10:44:00 AM
From: TREND1  Read Replies (3) of 53903
 
David
Some very interesting charts on MU today.
(1)Brings up the test of 36 7/16 (Aug 7, 1998 high)
(2)Which is part of a MU "day UP channel" going back to MU=20 1/16
That started on June 15, 1998.
(3)Feb 1998 high was tested in 6 days.
(4)Odds now favor that Aug 7, 1998 high of 36 7/16
was tested in 7 days.
(5) MU at 34 has broken Aug 11 to Aug 19 "30 minute chart"
up trend line.
(6) Next test is bottom of June 15, 1998 "day up channel".
Which at today's prices would be at 30 3/8
(7) Finally, have new DLL which limits a new DHH to 4% probability.
Larry Dudash
PS: the above is only for TA types(g)
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