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Charts courtesy of stockcharts.com

Wednesday, April 22, 2009

Possible Breakouts

The purple line was the actual breakpout point of the pattern that PNRA was in, but after breaking out it struggles, establishing a new resistance level at the yellow line, which is punched through today on decent volume.

CPKI is an earnings pop, although not a true breakout, it has been in a slight uptrend and appeared to be having trouble with the orange line, until today. I'm watching this for pullbacks into the close.

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