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Strategies & Market Trends : Point and Figure Charting

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To: okelly who wrote (9317)	11/6/1998 8:49:00 AM
From: wizzards wine	Read Replies (1) of 34811

Ok okelly, SPLN is NOW at the BRL ( Bearish Resistance Line ) at 17.5...it has been repelled here several times in the past!!! You need it to break out to 18 or 18.5 to get throught the line, then a nice pull back to the area of 16ish would make a good entry with a stop loss at 13 the first DBS (Double bottom sell) RS is in O's but likily to change as it's at 1.78 now and needs a 2.00 to reverse back to X's... Hope that helps, Later Preston

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