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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (9197)7/20/2001 11:54:27 AM
From: James Strauss  Respond to of 13094
 
Welcome back Bernard...

The trading range on the Nasdaq continues to compress... Today it's 1985 to 2075, with 2113 as the upper segmented trendline... So, a break through 2075 with a follow up break through 2113 is what we have to look for on the bullish side... A break below 1985 sets up a test to fill the open gap at 1975... So far though, the 2000 area has acted like a support and drag magnet... Prices above and below it tend to be pulled towards it...
bigcharts.com

Prices are still struggling below the 13 period MA on the 10 day and 6 month chart...
bigcharts.com

Jim