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janetbg2

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janetbg2

Re: frenchee post# 355

Friday, 01/04/2008 7:39:57 AM

Friday, January 04, 2008 7:39:57 AM

Post# of 2181
Double top.
$122 would not only be a double top, but would also create an ascending triangle pattern.
Draw a trend line from the "bottom" of 12/10/07 to the present and then a straight line from $122 to $122 ....
Although I don't play chart patterns, the ascending triangle signifies a breakout to the upside.



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