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Poised to Move
by Vincent Barry

I am mulling an investment in a stock that, the experts say, is trying to charge past a 1,899.43 buy point in a third-stage cup-with-handle. It remains, they say, a later-stage consolidation because the low in the current chart pattern did not undercut its prior low to reset the base count. So, while not technically an early stage base, the 38% decline within the current pattern has some characteristics of a refresh. During that substantial decline, the relative strength line for the stock fell sharply. But the RS line has rebounded off its lows and is poised to move. . . . I am mulling it or, alternatively, a mattress, an attic, a false vent cover, or a hollowed out piano bench leg . . . .