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Friday, June 29, 2012

MRLN

MRLN is even more thinly traded than the breakout I looked at yesterday, but i did notice the recent breakout in price relative, coming about a week before the breakout in price.This is not a bad pattern for a stocks than barely gets 100k shares traded on a good day, and it clearly broke through a key resistance point today. This is slowly increasing in volume, and might be getting some accumulation, so it might pay to look into this one a little further.

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