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May 11, 2006

The Noose Tightens for BMC

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The trading range for BMC Software (BMC) has narrowed over the last few weeks and a triangle break is near. A nice sharp break on good volume (either way) would provide a clear signal. A move above 22.2 would be bullish and a move below 21 bearish.

Posted by Arthur B. Hill at May 11, 2006 08:56 AM

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