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livinginstyle

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livinginstyle

Re: None

Tuesday, 01/29/2013 11:57:30 AM

Tuesday, January 29, 2013 11:57:30 AM

Post# of 51024
Will be interesting to see if .011 holds. It is significant support. .0113 is a .618 Fib. retracement, .011 is also the 200 day MA on the daily chart and the 50 week MA on the weekly chart. Both charts look like a cup with handle pattern is forming. See chart links:

http://stockcharts.com/h-sc/ui?s=SPOM&p=D&b=5&g=0&id=p50561301075

http://stockcharts.com/h-sc/ui?s=SPOM&p=W&b=5&g=0&id=p45947075838
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