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Friday, November 25, 2011

ISRG

I got online just as the market was closing, so I didn't have a new highs list to work with, although now I know there weren;t many, so once again I will take a look at some stocks popping up on the price relative scans. ISRG is one I have a small position in, although it is now slightly underwater, this is holding the top of the gap from it's last breakout, and the price relative line is rising. this might be a good place to add to the position just in case we get a decent bounce next week. Volume has been higher than average during this pullback, so that is a caution flag, but it is still one of the stronger stocks in the market.

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