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

To: Bruce Cullen who wrote (28828)	4/27/1999 4:05:00 PM
From: milesofstyles	Read Replies (1) \| Respond to of 79231

bruce prtl blew out its fifteen min chart, when that happens, the stock usually moves sideways for several hours as it's in the progress of doing. the current value now on the midband is 17.12. since the intraday breakout, which occurred at 15.12, the fifteen min midbands have been very supportive of the current move. only once have they violated that band only to quickly recover 2 bars later. since that breakout the movement has been strong pushing the upper band on the sixty min, which it is currently using as additional support as it absorbs this move. the midband support level is currently 16.25. the current trend on intraday which i am seeing as 4-9 has a support level currently of 14.25, this now intersects with the previous 15.12 dt line that was taken out that started the last couple of days move. so now you have some levels to work with for the next day or so if that is what you are looking for. how it responds thru the fifteen and sixty minute activity should help you determine how to treat this move