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techcharter

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techcharter

Re: BlissBull post# 14485

Monday, 10/03/2005 7:49:17 PM

Monday, October 03, 2005 7:49:17 PM

Post# of 51804
Oil Ready To Gush


Hurst or not, a triangle wave has formed at some degree. Triangles in commodities generally lead to explosive moves to the upside. Bollinger bands are pinching. This means a dramatic price change is in store. The MACD is near neutral with a slight upward bias. This is a great indiator of a consolidation before a move to the upside.

http://stockcharts.com/def/servlet/SC.web?c=$wtic,uu[w,a]dacayyay[dc][pb50!d20,2!f][vc60][iLp14,3,3!...
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