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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (4902)7/20/1998 11:25:00 AM
From: wizzards wine  Read Replies (2) | Respond to of 34811
 
Morning Beebs, PFE... you know my soft spot...it had a triple top at 114 and then broke out to 120, with rising bottoms. RS is Buy in X's and trend is positive..

With the sector turning up, your right to be looking...I'd like to see one of 2 things. Either a pullback to 112-114 for an entry or a 122 to break the resistance at 120...and then if it pulls back you've got some comfort knowing its broken the resistance once and will likely again.

Just my thoughts

Later

Preston