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Joined Apr 1, 2010
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Du or DuPont. There is No Try

Updating the long-term look at Dow components and chemical giant, last week’s buy volume and overall technical setup point here as a logical beneficiary to benefit from a bullish capital rotation out of some of the more extended stocks and sectors. In other words, if another leg higher is in the works, DuPont figures to benefit more than most Dow components.

I am looking at $52 as the first trigger out of the multi-year symmetrical triangle highlighted below.

Earnings are scheduled for 04/23.




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