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April 18th, 2008

Bought Laboratory Corp (LH)

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Daily Chart - as per my previous posts this is a company with very strong fundamentals and has been consolidating because of weakness on it’s industry. Look at the volume spikes in February and then a small one 7 days ago.

LH - OHLC 5m2d_1d 2008-04-18 102921

Weekly Chart - The weekly chart shows it’s has tried a breakout in Jan-Feb and has been consolidating on low volume.

LH - Candle 2y_1w 2008-04-18 102951

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This entry was posted on Friday, April 18th, 2008 at 9:32 am and is filed under trades. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Bought Laboratory Corp (LH)”

  1. jamie Says:
    April 23rd, 2008 at 1:23 pm

    This stock is going bellow 72 and will not get to 78.

  2. Sharp2Be Says:
    April 24th, 2008 at 11:42 am

    Not sure yet Jamie… LH is a strong stock, I would not short it.

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