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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: GREENLAW4-7 who wrote (2507)2/28/2005 3:25:56 PM
From: chowder  Read Replies (1) | Respond to of 13449
 
WYE should run into price resistance and the 50 day moving average at around $41.40.

Risk vs reward suggests on waiting for a break above the 50 day moving average. There isn't enough reward from here before running into those resistance points.

That is strictly a technical view point. If you know something fundamentally, that may be a different view.

stockcharts.com[h,a]daclyiay[d20041128,20050228][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G

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