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Nihonto Chicken

07/15/10 1:30 PM

#19837 RE: hubris heyday #19834

Currently the lift is less than the weight:

http://stockcharts.com/h-sc/ui?s=IMGG&p=W&yr=3&mn=0&dy=0&id=p67313085093

NC
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lanbec

07/15/10 1:42 PM

#19840 RE: hubris heyday #19834

Forming double bottom today at .32 which is many times a strong trend reversal indicator. If it closes green today we should start the move back up. All of this is conditional on what is said in the MTV set tomorrow.

Double bottom reversal explanation for those unfamiliar with it.
http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom_revers

Disclosures...
Long and strong on IMGG.
Short fused and tired of Sano...