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| From: | Phaedrus <Phaedrus@techemail.com> |
| Date: | Wed, 10 Apr 2002 16:39:00 -0700 (PDT) |
This old favourite of Gerry's has given a buy signal, the chart below shows a
trendline break and a Price/Volume climax. While this is no where near as
strong a signal as a similar one in October, volume was still more than triple
the average. As you would expect with a decisive trendline break like this,
oscillators such as W%R, Stochastic, RSI etc have all given buy signals, having
moved out of the oversold zone. MACD has given a buy. Slower trend indicators
such as DMI have yet to cross over.
Phaedrus.
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