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Friday, September 16, 2011 10:46:10 AM
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis,
THRA scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
-15 New 3 Day Low on Monday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending September 17th
-30 New 3 Month Low in September
-90 Total Score
Not Good Guys!
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