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Tuesday, February 8, 2011

SNCR

SNCR may have been the best of the earnings breakouts today, and while the stock itself may not inspire much excitement, the chart is really quite good. It has a minor flaw we have been seeing a lot of lately; declining CMF, although that is likely going to reverse here. Price relative is reasonably strong, and the pivot points are well defined, and the middle point was tested just before the breakout. I can't complain about much here.

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