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scubacentral

12/10/09 9:23 AM

#5669 RE: jul #5666

Jul's right.

I've seen the same thing with many stocks. It won't necessarily take huge volume to burn through 80 cents, it might just take enough days repeatedly chewing away anybody who wanted to sell their. That's the very definition of an ascending triangle - it keeps hitting the same ceiling with progressively higher lows. As Jul said this is bullish. We could easily hit mid 90s on the same volume as yesterday - time will tell.