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Wednesday, July 20, 2011


Normally I post new highs on the breakouts, but TESS was the big mover on the earnings list today, after reporting a very strong quarter. According to the moving averages this has been in a nasty down trend, and a longer term chart shows that this had a very nasty drop in January of this year. Very long term, it is not far from a 53 week high here, but still a long way from it's 2009 high. It does, at least for now, appear that the down trend is over.

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