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Thursday, March 15, 2012

FLT

On a weekly chart, FLT might look like the O'Neil high-tight flag pattern, but the previous gain is not big enough to qualify. It was still big, and even though I drew a middle point in this range, it never stopped to mark a midpoint, so the true midpoint is probably the top line. That would put the top line way off the chart. It will be interesting to see if it gets there.

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