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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: ivan solotaroff who wrote (9739)12/29/1997 8:25:00 AM
From: Dave H  Respond to of 79296
 
I'm looking at the short uptrend line defined by the lows of 11/26 & 12/15.
NVAL also has a longer support line defined by the lows of 8/29 & 11/26 which is at around 5 3/8 right now.

Since march 1996 the stoch has been in an uptrend and it's been slow because of the large amounts of downtrending resistance it's been fighting through; it's actually just about free from most of it now, I see a breakout over 6 1/4 to be what to look for.

-dave


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