Monday, December 11, 2006

AMRI Analysis for 12.11.2006

Monthly chart shows a cradle pattern for higher.

Buyers started coming back into stock on Monday, after 2 weeks of selling.

Panic selling into the 89sma support, where buyers started coming back early and moved price higher. Bullish engulfing pattern right off the 89sma as support. Look for continuation higher.

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