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Big movement expected on United Technologies Corp. after a breach of 130.26

United Technologies Corp. has broken through a line of 130.26 and suggests a possible movement to 125.38 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 57 days.

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