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daytraderkent
Dec 30, 2012 2:07 PM

CNW WATCH 

Description

12-31
27.30-27 entry. Have wedges on both daily and 60. Not yet oversold of daily so watch for pull back
a little yet.

Notice recent support around 27 and new trend line (red) starting to form. Less risky entry would be around 25.20
and lower trend line support.

We could see a nice break out above the trend line to 30.
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