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Charts courtesy of stockcharts.com

Wednesday, September 21, 2011

RRC


RRC was about as coosr to a breakout as we got today (it did have a failed try yesterday). It closed jus above the breakout point, so I suppose you can call it a success, but well off the high of the day. Unfortunately it looks like everything got sold off into the close, so it was just the wrong day to try to break out. Otherwise, this isn't a bad chart, and the price relative was pretty steadily rising during the short base.

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