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Strategies & Market Trends : Tech Stock Options
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To: Gersh Avery who wrote (58415)4/15/1999 6:17:00 PM
From: Imuah  Read Replies (1) of 58727
 
Gersh, thanks for the callback. Merrill Lynch upgraded LLTC today. It was at it's lows of the day when the upgrade came out> That brought it up to the 59 range and when the general market rallied LLTC kicked in for that parabolic rise you mentioned.

The ascending right triangle that I mentioned starts with the low near the close on Monday and extends to the right hitting the lows that you see there. This horizontal line is the bottom side of the triangle. Starting with the first high on Tuesday, extend a line thru the next 3 highs ending with today's. That gives the ascending side of the triangle. The third side is a vertical line at the very right hand side of the chart. If you want to take another look, use the link below.

tscn.com
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