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Wednesday, November 17, 2010

IMAX

IMAX has been in a steady up trend since late 2008, pausing in April of this year to form a base. It gapped up on high volume about a month ago, probably on earnings, which was the real breakout, although it took a few days to hit a new high. it is now following through on that breakout, with an ultimate target somewhere around 27.

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