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Wednesday, February 13, 2013

TRLA

I usually don't eeven look at an IPO until it has been trading long enough to have a 200dma, but in the case of TRLA, it formed a really nice pattern and had it's first ever breakout. Since there is no real trend here, and also no really good pivot points, I wouldn't try to hazard a guess as to where it's going next, but it does look like, in the very short term, it will go at least a little higher.

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