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Tuesday, January 19, 2010

EVVV



EVVV broke out in July, and I was convinced it was going to be a market leader. It promptly lapsed into a long trading range, basically doing nothing until a low volume breeakout last month, Tha breakout failed, and it pulled right back to the 50dma, setting up today's high volume move, which was accompianied by no news that I could find.  This is pretty exteded here, it would probably be better to wait and see if it comes back to the breakout point.


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