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Will be interesting to see the effect on Dell's announcement of missing estimates by five cents. SMH has been in a rising trend channel on the weekly chart since 9/04 and support is around 35.65.
XCI has been flat as a pancake on the weekly chart since February but the daily chart fell below its 200DMA last week and an attempt to close back above it today failed. Once again, it looks like the chart told us what was happening before the news came out (in your eye, fundamentalists! <VBG>).
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