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Monday, November 30, 2009

CLWT

CLWT broke out in October, then pulled right back down to thee break out point, held it, and started back up. Today's move apparently came on a rumor (that it will spin off a division, acording to the street.com, a source I absolutely do not trust). Of course, that doesn't explain last week's move. Notice how price relative broke out to a new high before price. That is usually a sign that a breakout is coming.

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