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

To: shasta23 who wrote (16627)5/8/1998 3:36:00 PM
From: Dave H  Respond to of 79384
 
Stefan,

In the case of CLYS, I'd tend toward the 14 1/8 level since that is a couple ticks above where the last "rally" met resistance and could easily turn into support if broken through. Note too that the largest volume day had a high of 14, so breaking through 14 again would IMO be significant. The spike at 14 15/16 was not on nearly as much volume, and would not be a point of significant resistance, again IMO.

-dave


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