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Thursday, July 14, 2011

ICGN

ICGN gapped up big a couple of weeks ago, so big that it was a tough buy to make. I usually watch them for at least 10 trading days to see how thye rect to the gap. In this case it was a very bullish reaction, as it refused to sell off. I have a target projection here of about 9.90, which might be a bit conservative and I expect to be hit fairly easily. How long it stays there is another matter.

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