RE: [CANSLIM] AZO

From: "David Taggart" <dctag@mavericktrading.com>
Subject: RE: [CANSLIM] AZO
Date: Mon, 21 Oct 2002 07:41:13 -0600

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I liked it enough that as of fridays close I am up $82.14  up $2.49  so I am
happy with it.

David Taggart

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of
michael_niemotka@baxter.com
Sent: Monday, October 21, 2002 7:07 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] AZO


I have been studying this chart for a while, and am wondering what the
consensus is on It looks on a daily chart like it might have broken out on
10/15 because the pivot was $83.29 (10/2 high) but on a weekly chart, it
looks like it still needs to form a handle.  If the pattern is cup without
a handle, then the pivot would be the left hand side of the cup, 6/14 and
$84.60, but either way, the volume has not been great at either breakout
point.

Thanks

Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



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