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Tuesday, May 29, 2012

DXPE

DXPE is another stock that has been hitting new highs in price relative lately, and even better, did it while having a slight pullback in price. It got a little volume increase today and broke out. The pivot point analysis doesn't fit here, although I suspect if I spent a little more time on it I could get it to work here. It could be that this has not actually hit the top of it's range yet, as the middle pivot point looks a little low here.

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