Saturday, April 21, 2007

ACLI Analysis for 04.21.2007

Monthly chart shows support off the $31.75area.

Weekly chart shows 5 waves up from $22.31 into $40 area high. Then stock retraced to the .618 fib level, where it found support and buyers stepped back into stock.

Daily chart shows test of the low where early buyers showed up, taking the price above the 200sma this past week.

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