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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Mon May 16, 2005 2:42 pm Post subject: SWC Chart |
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The SWC daily chart shows a severely oversold RSI. SWC had a (black) doji last Wed. However, it continued to fall, perhaps on stop loss selling, although volume declined, which may be bullish. The congestion area (see circle) at around 7 may be short-term resistance.
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