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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Smart_Money who wrote (56145)4/25/2002 1:24:55 AM
From: byhiselo  Read Replies (1) | Respond to of 99280
 
perhaps, but BTK.x has made a serious breach

of its long-term trend line over the last month
(monthly TL from the 8/98 lows thru 3/01 lows)

it has also fallen out of a fairly large triangle
with apex around 530
(on the chart above, draw a line from the 9/00 top
thru th 12/01 top, its almost textbook)

it may very well bounce to 540 or so but
longer-term, it seems to want the deluxe tourist
package to 250's

cheers


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