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Tuesday, June 03, 2008

Sociedad Quimica y Minera ADR (NYSE:SQM) Bullflag



Since the beginning of 2008 Sociedad Quimica y Minera ADR (NYSE:SQM) has rallied 100% and looks to be setting up to continue another 30%. Our bullish outlook in SQM is due to the bullflag that broke over the last weeks. This bullflag indicates SQM is setting up to rally toward 50 in the coming weeks.

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