Soul Patterson SOL 17/1/00


Soul Patterson SOL 17/1/00

A continuation triangle may be forming here for SOL. If so, it's taking place at interesting price levels (see previous chart - August). Price usually continues in the direction of the triangle hypotenuse (higher in this instance). A move above $40. is bullish.

On the fundamentals; SOL presently exhibits improved earning growth, profits are rising with large franking credits available. (Worth noting in the present Ralph tax review).

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