Sunday, July 08, 2007

ABI Analysis for 07.08.2007


Monthly chart shows support off the 34ema, where early buying is evident.

Weekly chart shows more clearly the buying activity.

On Wednesday, the price gapped down at the open, clearing out all the sellers, and where buyers came back into the stock. Look for buying to continue next week. First upside tgt is the $32.30 area.

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