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Monday, August 1, 2011

CYOU

Damn, I hate pre-earnings breakouts, and CYOU is a prime example of why. Despite the dramatic drop, or perhaps because of it, this ,may actually be presenting a buying opportunity for the more daring, and that is evidenced by how high off the bottom this closed. I will be watching it for a few days to see how it behaves, if it comes close to the middle pivot point (and stays above it) that moht be a pretty good entry. 

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