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Wednesday, June 16, 2010 2:34:23 AM
ALLEGIANT PROFESSIONAL BUSINES (NASDAQ:APRO)
Uptrend
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term uptrend Uptrend with tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, APRO scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Thursday
+20 Last Price Above 20 Day Moving Average
-25 New 3 Week Low, Week Ending May 15th
+30 New 3 Month High in May
+75 Total Score
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