Sunday, May 13, 2007

UTHR Analysis for 05.13.2007

Monthly chart shows support off the 34ema. Buyers came back strongly into stock first 2 weeks of May 2007.

Weekly chart shows double bottom off the $47 low. Buyers came out in force the last week, closing the price well above the 8ema, and above the prior high and resistance area at $63.40.

Look for upside tgts: $66.70, $72.04, then test of $78.74 high.

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