Saturday, April 28, 2007

ARTC Analysis for 04.27.2007

Monthly chart shows support off the .382 fib level and important LIS at $33.00 level. Buyers came back in force this month.

Weekly chart shows price trading above all key moving averages.

Daily chart shows gap up at the open, with buyers taking stock up well above the 200sma, and over $2 gain by the closing bell. Today's price action indicates that investor sentiment has changed. Look for test of last high at the $49.00 range.

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