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Tuesday, August 30, 2011

DG

The third of the discount stores to break out, DG broke out big on earnings, but price relative broke out nearly 3 weeks ago. CMF has risen dramatically since this hit the bottom of it's latest base, which broke the 200dma. I'm not thrilled with the rising ATR line for the last month, but the overall market volatility most likely has had the biggest influence on that.

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