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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (26912)	8/7/2000 11:05:44 AM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Well, looks like a type of broadening top with price about to touch the 20 EMA on the 3-min chart. I am anticipating a move up at that point in an attempt to invalidate this pattern, but we shall see. Those traders who play the 20 EMA on the 1-min time frame apparently have nothing to do since price is congesting around that EMA. LOL update Well i'll be, looks like price is moving up for a test of today's high. Follow through is important here. Invalidatng a pattern like this will be like a ringing siren in the ear as far as the market talking to me goes. This would also meet the pullback criteria for a momentum buy signal on the 15-min chart. Bob Graham