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Friday, February 24, 2012


IMOS had the highest relative volume of the breakouts, but on closer look this is also going to be a test of my theory. I will be watching this to see if it eventually hits roughly 11.55 before hitting significant resistance. If so, it still has a pretty good gain to go from here, even though it is very extended here. Here is on that has been bucking the trend recently: this is a breakout with a strong price relative line.

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