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

To: Scott who wrote (12886)2/27/1998 4:39:00 PM
From: Doug R  Read Replies (2) | Respond to of 79512
 
Scott,

RECY:
12/31/97...low...5,
1/6...low...5,
2/3 and 2/4...low...5.

1/8...high...6 5/8,
1/13...high...6 5/8,
2/13...high 6 19/32.

So far, it seems to be in a horizontal channel. It may be a bit early to call the more recent activity an ascending triangle. From the 2/10 low and the 2/134 high, the only viable formation here is a symmetrical triangle. The apex of this triangle is approaching so something will become apparent soon. I'll put RECY on my list for the weekend also.

Doug R


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