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Re: breakpoint post# 5471

Sunday, 03/30/2008 2:07:42 PM

Sunday, March 30, 2008 2:07:42 PM

Post# of 11472
Thanks for your response Matt. Actually when NNRI broke through 1.80 last fall this was the descending triangle. You are correct in that "new" move up to 1.10 certainly ending the descending triangle pattern. I am going to post a more recent pattern that indicates it's new downward channel. this is a touch sloppy with all of the long tails and you can see that the chart is trying (successfully) to stay in the pattern , but all of that volume last Monday scares me. I do wish everybody loads of luck.

http://stockcharts.com/h-sc/ui?s=NNRI&p=D&b=5&g=0&id=p52735869062&a=116345422