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Archive for the 'Would You Buy This Chart?' Category

12 May

Would You Buy This Chart?

Capstone Turbine Corp. (CPST: 2.72 -1.45%) broke out of a six-month base in early December, 2007. Volume was ~4x the average of the previous 4 months.

The huge run after the breakout lasted for a month. CPST pulled back on decreasing volume, testing the 200 day average in January. The stock also bounced from the tip of [...]

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