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Leo:
Look for a support level between the upper and lower trendlines. If it
is not too big of a risk, an even better stop level would be just below
the lower trendline, which offered solid support previously.
Hope this helps.
----- Original Message -----
From: <leo.timmermans.lt@xxxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, November 14, 2000 2:20 AM
Subject: Rectangle Stop Loss
> Hello,
>
> I'm wondering where to put the stop loss when trading an upper breakout
> from a rectangle (long-side of course ... ). Is it below the low of the
> latest bar before the breakout?
>
> Thanks
> Leo
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