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Monday, December 27, 2010

VLNC

VLNC was the relative volume champ on the new highs list, although I did not see a reason for it. It is on the process of reversing a very long down trend, and this move probably put the final nail in the coffin of that down trend. One a one year chart this looks really good: on a longer term chart it's not that impressive, but it also means that it has a pretty good potential if it is in an up trend.

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