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Thursday, June 13, 2013

ATSG


ATSG was not on any of my watchlists, mainly because it doesn't trade heavily and hasn;t hit a new high in price relative since March, but on a day when there were few breakouts, a chart like this really sticks out. This is a very nicely formed base, and the last 3 or so weeks have seen very tight trading. I have been trying out some variations on the price relative scan to see if it can spot charts like this, but so far wih no success.

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