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Actionable news in BHI: BAKER HUGHES Inc,

Baker Hughes Is on the Verge of a Breakout

Baker Hughes ( BHI) is on the verge of an upside breakout. The stock is up just under 1.5% today and is bumping up against its August peak. A clear takeout of the $48.50 level would violate a key overhead trend line that links the May, June and August highs. Once clear, Baker Hughes could begin a powerful rally phase.

Until BHI's second-quarter earnings report the stock...