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Alias Born 09/15/2011

Re: None

Friday, 09/23/2011 4:00:37 PM

Friday, September 23, 2011 4:00:37 PM

Post# of 111
I think analysts projections are soon to fall in line and rebound is in the works:

9/23/11:
"In the past 52 weeks, shares of ArcelorMittal have traded between the current low of $14.77 and a high of $38.88 and are now at $15.54. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 5.3%.

Potential upside of 108.2% exists for ArcelorMittal, based on a current level of $15.35 and analysts' average consensus price target of $31.97. The stock should find initial resistance at its 50-day moving average (MA) of $23.64 and further resistance at its 200-day MA of $32.46."

http://www.fnno.com/story/52-week-high-lows/331-arcelormittal-looks-continue-trade-below-its-annual-low-share-price-today-52-week-high-lows-0
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