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Monday, July 12, 2010

KEM

KEM was one of the better looking breakouts on the day. It is not normally heavily traded but has been getting volume lately, and is coming off a recent bounce off the 50dma. This started making it's move just before the market went into a correction, thus the very high price relative line. Low priced stocks will often get bid up during corrections, but there are so many it's hard to tell which ones.

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