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To: Patrick Slevin who wrote (14199)5/29/1998 9:12:00 PM
From: Galirayo  Read Replies (1) | Respond to of 17305
 
[ REGN ] Patrick,

Good question. The chart looks good to me.

Support on the 300dma near 9.32 .. the 50dma near 9.17 .. the 200dma near 9.30.
Several Triggers are in place if it decides to do an upward move.

It should be showing strong support even though it's short term DMAs are moving down. But I wouldn't want to see it break these numbers.

You may want to watch it closely if you still like this one because it's in a position to do an Upward Elliott Wave I'd guess as the #3 wave.

Giddyup!

You still like this one?

Ray