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Saturday, August 11, 2007 12:31:52 PM
I never really care much about the "story" of a stock. I will leave that to others, but technically the chart is looking very good.
Up volume is terrific and it looks like it is forming an ascending triangle.
I like most am hoping for a break above 3.90 and a run to the 4.70 range.
I agree with another poster who mentioned that there is a lot of resistance in the 4.50-4.70 range and a move above that into the previous rectangle with volume would be OK.
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