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March 27, 2013  Wed 7:30 AM CT

LNN: SEE CHART GET CHAIN FIND STRATEGIES
Earnings, Revenue Beat Expectations

Lindsay, a provider of irrigation equipment, earned $1.50 a share in its second quarter on revenue of $175.5 million. The Street only anticipated $1.30 and $163.3 million, respectively. Its backlog also nearly doubled to $159 million. LNN climbs 4 percent before the bell on my tradeMONSTER platform.

Francesca's Investors Selling Shares

Francesca's Holdings announced some of its major shareholders, including members of management, will sell 7.39 million shares. That represents roughly one-fifth of the float. FRAN drops 5 percent in the premarket.

Mattress Firm Higher on Revenue Guidance

Mattress Firm reported weak fourth-quarter earnings, but it projected 2013 revenue of $1.24 billion to $1.25 billion. That's better than the $1.21 billion expected by analysts, and MFRM climbs 3 percent in early trading.
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Timing the Trade

Both break outs and a break downs need to have a couple things happen before it is considered a confirmed break out or break down by technical definition!  The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

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