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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?


To: Casaubon who wrote (344)2/15/2000 9:42:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 967
 
IFLO's chart looking really interesting. Today's action seems to indicate a test of resistance at $4 1/2.

I imagine if it fails to pierce that level then it will likely retrace around this level for awhile. But if it makes it, then you should have legs to $5+

But that's one heck of a C&H formation. I had to do a 3 year chart to fully appreciate it. What's the news on these guys?

Btw, CMRC is showing one of the most beautiful double bottoms I've seen in some time. Both the daily and weekly stochastics have turned positive and she looks like she is ready to run.

Also, AXTI and AWRE are looking awesome as well. The wife and I were looking for a place to redeploy her QCOM and YHOO positions since they look to be breaking down again.

Regards,

Ron



To: Casaubon who wrote (344)2/16/2000 11:08:00 AM
From: James Strauss  Read Replies (1) | Respond to of 967
 
IFLO is Flowing $$$$...
**************************

Great chart Casaubon...
siliconinvestor.com

Almost double the average daily volume in the first 90 minutes of trading... A breakout to new highs seems imminent...

Very good earnings report... The 8th Qtr in a row...
siliconinvestor.com

Jim