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To: hubris33 who wrote (4865)4/9/2007 11:16:03 PM
From: paul ross  Respond to of 50418
 
Huby....the HUI chart most closely resembles an assending triangle formation.

"The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation."

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