Don't Ignore This Chart!

Hitachi's (HIT) RSI Rebound

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Ditc20090204

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Hitachi's RSI indicator moved back above 30 today after sinking down around 20 two days ago.  This big jump indicates that an important rebound is underway and has a good chance of continuing at least until the RSI crosses 50 again.  The price action shows what may be a selling climax follow by a strong 2-day rally.  This is worth watching closely.

Chip Anderson
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