EQUITIES Rx (VIPPS INDEX) For 2011

[ICEQUITY]

Medco Health Solutions (MHS) Crosses Pivot Point Resistance at $63.09

Read more: http://www.benzinga.com/press-releases/11/01/c813301/medco-health-solutions-mhs-crosses-pivot-point-resistance-at-63-09#ixzz1CM7gJbTi
SmarTrend has detected shares of Medco Health Solutions (NYSE: MHS) have bullishly opened above the pivot of $62.71 today and have reached the first resistance level of $63.09.
We are watching for a cross of the next upside pivot targets of $63.55 and $64.39. Also, the shares are currently trading above the 50-day moving average of $62.33 and above the 200-day moving average of $55.99.
In the last five trading sessions, the 50-day MA has climbed 0.36% while the 200-day MA has remained constant.
In the past 52 weeks, shares of Medco Health Solutions have traded between a low of $43.45 and a high of $66.70 and are now at $63.11, which is 45% above that low price.
SmarTrend currently has shares of Medco Health Solutions in an Uptrend and issued the Uptrend alert on September 13, 2010 at $47.85. The stock has risen 30.9% since the Uptrend alert was issued.
Write to Chip Brian at [e-mail]
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Read more: http://www.benzinga.com/press-releases/11/01/c813301/medco-health-solutions-mhs-crosses-pivot-point-resistance-at-63-09#ixzz1CM7dJsqf