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Strategies & Market Trends : Chart Formations

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To: belker who wrote (120)11/4/1998 10:58:00 PM
From: sean sanders   of 967
 
AHP - Well this one is quite interesting ... notice that the dbl top formed after a moderate rise in the stock (as per a larger incline).
Below the low on 10/14 (the end of the triangle) you could draw a horizontal trend line to connect various other points earlier on in the year. What do you think 56 is the mm (measured move) for this one?

Sean
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