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Thursday, April 06, 2006

Thursday's charts

I wanted to post a few charts before I took off for the day.

I mentioned earlier this week how I liked for hammers to close positive (green) - but it is hard to argue with an otherwise textbook hammer forming at support from the retracement zone and the rising 34MA. NEM was a nice "bread and butter" long set-up:

And, NMTI was similar to RELL yesterday:

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