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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (252)	2/25/1998 2:23:00 PM
From: Wayners	Respond to of 927

Yea, I'm afraid it looks like a bear flag to me. 12 day moving average is on a downtrend. 5 day stochastics moving average is on a downtrend as well. Looks like volatility is staying pretty steady looking forward. I think it will touch $22.50 next. If the downtrend stays in place, I'd expect CKFR to break support at $22.50 to the downside. That downgrade was a huge surprise that I didn't think would last. Now I'd be exiting CKFR. This is all based on yesterday's close. Haven't seen today's price action.