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

To: JRI who wrote (37858)12/11/2000 10:52:03 AM
From: Paul Shread  Respond to of 42787
 
There was a downtrend line on the SOX around 650, maybe the descending triangle upper boundary; would appear to be a breakout.



To: JRI who wrote (37858)12/11/2000 10:52:27 AM
From: Peace  Read Replies (1) | Respond to of 42787
 
With sox at 667 we have clearly broken out of the wedge you are referring to but it is always nice to get confirmation on a closing basis. Although I dont think that wedge is in play anymore as it already resolved with a downside break which was subsequently negated last week.


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