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Monday, March 1, 2010

SNDK

SNDK, bu contrast, did form a base after a recent breakout, and broke out again today. The base, a cup and handle, is by no means perfect, as there was a high volume drop on the left side, but it held support at the previous breakout point. The breakout point was the high of the handle, or the blue line, which was well below the previous high and why my new highs scan missed it until late in the day.

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