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Wednesday, October 5, 2011

CPHD

One of the great things about the price relative line is it gives you an instant picture of the relative strength of the stock. One of the weaknesses is that it has no idea why the stock is strong. I have no idea why CPHD has so far refused to sell odd with the rest of the market, and today's failed breakout suggests it might not be as strong as it looks, but when a stock is hanging in there like this one, it does grab your attention.



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