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ITMS

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ITMS

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Friday, 04/13/2012 11:00:08 AM

Friday, April 13, 2012 11:00:08 AM

Post# of 784
Retail Stocks Slip With Indexes


This morning, many of the leading retail stocks are declining lower to start the session. The important Merrill Lynch Retail HOLDRS ETF (NYSEARCA:RTH) is declining lower by 0.20 cents to $41.28 a share. This ETF will have intra-day support around the $41.25, and $40.93 levels. The daily chart for the RTH is still trading above the 50 moving average and this tells us that the ETF still has some strength.
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