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Thursday, December 29, 2011


It looks like we are going through another phase of weak stocks breaking out. CHKM, even with today's breakout, is nowhere near where it was 6 months ago in price relative. One thing to be noted is a high increase in average daily volume since October (which is hard to see thanks to the volume spike), and the steadily increasing CMF. Despite that, this still looks like a pretty weak chart.

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