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Tuesday, July 27, 2010

UCTT

UCTT poped up late on the new highs list, but caught my eye for several reasons: 1)It was the highest relative volume stock on the new highs list; 2)it's on the relative strength list; and 3) it reported earnings. Other than that there isn't a qhole lot to like here. Notice how in June it retested the prior breakout point (which just about coincided with the 200dma at the time). It sure would have been nice to be paying attention to it then.

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