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


To: Dave Shares who wrote (19222)4/28/1999 3:31:00 PM
From: Ms. X  Respond to of 34811
 
You could for a trade play enter at 18 with a stop of 17.5. This would be a mental stop because it could be the start of a shakeout. You wouldn't want a hard stop at 17.5. If it drops to 17 then consider a sell. It could hit 17.5 and reverse up to break the triple top, making a shakeout pattern - which is bullish.

Jan I am