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Friday, February 18, 2011

ASGN

ASGN has, like about everything else, been in a monster up trend since September. It formed a short base for the last coupl of months, and broke out today on high relative volume, and a gap just pennies above the breakout point. This is one of the few breakouts today that did not sell off severely after hitting a high, an indication of strength, which is also evident in the high price relative line. The only problem is the rising ATR in the base, I would prefer to see it falling.

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