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10/6/98   CENTRAL PARKING CORP  (CPC)                                          

Points to Watch: CPC has completed a wave 5 up pattern on the weekly chart. Weekly MACD in downtrend since January. Weekly RSI showed negative divergence at top. Stock completed a failed double top on the daily chart.   Stock fell through long term gann angle support at 46 1/2.  ADX has turned down from overbought.  Downside target is to fibonacci support levels at 30-34.

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Last modified: April 02, 2000

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