I agree, it looks stronger then I'd expect, however at this point I'm inclined to write it off on overall market rally driven by excess liquidity that will start reversing at the end of this week and into the next week.
Right now its practicaly at the top of its downtrend channel. If it breaks out above it, it certainly won't be a good sign, but the 38's from the large gap down should also serve as major resistance.
I'm not ready to give up on this one yet :)
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