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Another positive sign is the recent Pocket Pivot signal.

NASDAQ:LECO   Lincoln Electric Holdings, Inc.
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We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 58.3. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.04, a stop order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
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