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Rent a Center (RCII - FusionIQ Master Technical Rank 78) scored a high volume breakout yesterday as shares traded up on over two times its' 21-day average volume. With a slowing economy RCII should pick up increased business as people look to avoid large outlays and rent giving them more manageable monthly rental payments. With a point and figure target of $ 35.00 RCII offer tremendous upside.
As long as shares stay above $ 20.00 the long term technical outlook will remain bullish.
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