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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 38.32+2.9%3:59 PM EST

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To: Stock Watcher who wrote (4007)3/10/1999 2:30:00 PM
From: Qone0  Read Replies (1) of 52051
 
Pull up this chart... bigcharts.com

See the three tops in Sept to Nov. That is support.

See the bottom in Dec to JAN That is support

See the two bottoms in FEB This is the third bottom Strong support on a tripple bottom.

See what happens to the price when it touches the bottom bollinger band. ( the red lines on the chart) It acts like a spring.

You add all these up and it looks like a good enty point to me.
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