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[sharechat] WAM Andrew?


From: "Brian & Fiona Brakenridge" <pohuenui.island@xtra.co.nz>
Date: Fri, 17 May 2002 11:29:05 +1200


OK, the price has now comfortably broken through the two trends we talked about yesterday, one of which was a reasonably long term downtrend.
 
Andrew and others, I'd be interested to know what indicators/candles are showing. I've made a hypothetical buy at $3 with a stop at $2.85 just above the last support of $2.80. I guess being more cautious it would be prudent to wait to see if we see a higher low formed then more highs?
 
I'm hoping this will give longer term investors a comfortable entry. Any comments please.
 
Cheers
Brian

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