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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: SirRealist who wrote (16827)10/5/2000 1:42:27 PM
From: bobby is sleepless in seattle  Read Replies (1) | Respond to of 49816
 
scmr...looking ugly, strong volume negative flow, broke below support levels mid june, heading lower, imo...



To: SirRealist who wrote (16827)10/5/2000 1:49:46 PM
From: stan s.  Read Replies (3) | Respond to of 49816
 
SCMR, hi Kevin, that right shoulder is so low and the right neckline is actually a little lower than the left. I would be more inclined to call it a support break with a sell signal as it passed under the 98-101 region.

If it climbs back to 100 by close I would give it one more chance but sell on any weakness.