Point and Figure Charting Message Board

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Strategies & Market Trends : Point and Figure Charting

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To: quote 007 who wrote (19804)	5/12/1999 10:51:00 AM
From: Tammy DeRosier	Read Replies (1) of 34811

In general terms, often times when a stock forms a double bottom at a strong support area, either at support line or previous support on the chart, reversals up provide a good opportunity to get in. There is ususally plenty of room up to the next resistance and the stock now usually has afforded you with a close stop loss point.

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