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Analysis: #NASDAQ $NAV

Case 470 #Navistar International Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#NAV 1/3
Chart 1
Monthly Chart: Conditions are restricted to a large triangle and messy. The May 2008 #trendline is formidable, we look for a close above #Fib. 0.618 at 51.06 then a hold above the trendline to get things moving. We note decent sized sales around 61.41- 64.94.

NAV 2/3
Chart 2
Daily Chart: A large unfilled gap appears at 41.09- 36.50. The best #support is seen at the Fib. and Mar. 2002 trendline at 33.75. Proceed with caution, tricky conditions.

The #Strategy is printed on the image.

$NAV 3/3
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