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Wednesday, November 15, 2006

Follow Up On ESRX


In my earlier post, I highlighted ESRX as a potential candidate for double bottom. The stock has since completed this formation (faster than I've expected) with 2 days of gapping up. Note the accompanying high volume on its way up. I'm not sure if chart do tell a story before news are out or is it purely conincidence, but ESRX gapped up yesterday due to upside guidance. Hmm...

posted by Simply Options Trader at 9:27 PM PERMALINK


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