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Tuesday, June 18, 2013


METR was on the price relative watch list from last night, although I did notice it and it had not been on my radar bu should have been. It has shown very high strength followed by a short consolidation, which is exactly what I look for. Unfortunately it tried a breakout yesterday and failed and did not hit the new highs list until it got past yesterday's high. It is probably still within buying range, as if it follows the pattern of previous high relative strength stocks, this move should continue for at least a week.

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