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Charts courtesy of stockcharts.com

Monday, August 1, 2011

MASC

There are quite a few things you can argue about on the MASC chart, such as pivot point placement, or the fact that today's move came on no news, but there are a couple of things you can't  argue with: 3 weeks of sideways trading after a big move up is bullish, and the fact that price relative broke out a couple of days before price did is very bullish.

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