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Strategies & Market Trends : ZITL, best stock for traders

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To: blast_investor who wrote ()3/15/1997 10:08:00 PM
From: blast_investor   of 26
 
I post my past article in Roger's short forum here. Please be aware that although I have my own fundamental opions, I do not base my trade on fundamentals. Please do not read too much from my fundamental analysis.

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I do not argue with you about fundamental.
I am saying the trend is
reversed short term. RSI oversold below 30 for
days is a flag to me. I combined Bollinger Band
and MACD, plus OBV as big picture indicator,
and flagged me bull yesterday. DMA clearly
confirmed the trend reversed. I maybe wrong.
but Anyway I went long today at 33 and 37 to
speculate short term trend. I will wait days and
even weeks to see the trend. Todays close of
$33 is fine with me and move averge should
continue to break out price. I do not care about
fundamentals now since I trade by chart even
though I'd be more comfortable with short then
long.

Tell me how you guys interpret the chart?

Henry
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