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Re: kaitnick1 post# 1650

Tuesday, 04/27/2010 1:09:40 PM

Tuesday, April 27, 2010 1:09:40 PM

Post# of 173063
50 day moving average. It is seen as a resistance as we try to break through it and support once we break through it. Technical people use it as a sign of strength or weakness.

To pass up through it is a sign strength and bulls take over the stock

To pass down through it is a sign of weakness and the bears take over the stock
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