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To: Hardline who wrote (1494)11/4/1999 9:34:00 PM
From: Ms. X  Respond to of 9427
 
Trend lines are the bullish support or the bearish resistance lines. If it has a BRL and it is below it like BMCS it is "below trend. If the chart has a BSL and it is above it, it is above trend.

BMCS shows an old BSL that was violated creating the BRL. Until it breaks through that BRL at 68 (currently) it will be below trend.

Also:
A positive trend means a stock that is above the BSL and a negative trend means a stock that is below the BRL.

BRL - Bearish resistance line
BSL - Bullish support line