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Technology Stocks : ZENITH ELECTRONICS
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To: chester lee who wrote (366)5/10/1996 12:40:00 AM
From: Kevin Walsh   of 578
 
To Chester and to all,

I believe you can still use technical analysis (TA) for volatile stocks. You just need to shorten your period to 15-minute or 5-minute intervals. A 50-period exponential moving average works well in both cases.

I know this is the wrong forum, but here's my brief observation on CRTM today. I see an inverted pole/flag formation. This usually indicates a continuation pattern (in this case - down). I'm not touching this one. If it goes up - great - I'm not risking it one way or the other.

My observations on ZE will be later - to Chris.

Good luck to all,
Kevin Walsh
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