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

To: Cornstock who wrote (12788)2/26/1998 11:50:00 AM
From: Doug R  Read Replies (5) | Respond to of 79270
 
Peg,

Reciprocal retracement on GTAX would call for a 27% bounce from 9 which would be a target of 11 7/16. If you tighten up the range for the sake of reasonableness, 9 1/8 to 11 1/4 looks good.

Doug R



To: Cornstock who wrote (12788)2/26/1998 11:30:00 PM
From: JKraft  Read Replies (1) | Respond to of 79270
 
Hi Peg,

Several on the ABTX thread believe it may hit 14 then downtrend to form the bottom of a triangle at @ 10 that may send it off to a peak of 22! This could be a sudden move! Keep your order in for if you blink, you may miss a good buy opportunity! @@ The fundies still remain in tact, earnings will be no prob, says JT, the CEO. Long term is my goal, but considering adding if lucky enough to see these levels...

Joanie


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