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Wednesday, February 22, 2012

FIRE

FIRE was the reletive volume champ among today's breakouts, but other than that it has not much going for it. On thing I noticed when drawing the pivot points: the projected target was gapped over this morning, which probably means this is carving out a new trading range. The gap over the target point would have been a buy signal, had I been watching it, but with a pitifully weak price relatiuve line, I had no reason to be watching it.

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