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Charts courtesy of stockcharts.com

Monday, December 1, 2008

FORD


There were several breakout attempts today, none successful that I could find. FORD is an interesting chart in that it has suddenly gotten a huge increase in volume in the last two months. It seems to collapse every time it gets above 2.70, and did it again today, but closed at a new closing high. Relative strength looks pretty good, but nothing else is compelling.

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