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Friday, March 7, 2008

CML

I suspect this got on my watchlist by accident. It is a recent IPO that has been in a nasty down trend ever since, but made a nice move today. It looks to have strong support at 8.00, and is trying to break out past the 50dma. It has some resistance at 10-10.50, if it can get through that it could make a nice move up.

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