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International Flavors & Fragrances (IFF) Crosses Pivot Point Resistance at $46.37

Written on Thu, 07/29/2010 - 9:24am
By Chip Brian

SmarTrend has detected shares of International Flavors & Fragrances (NYSE:IFF) have bullishly opened above the pivot of $46.01 today and have reached the first resistance level of $46.37.
We are watching for a cross of the next upside pivot targets of $46.71 and $47.41. Also, the shares are currently trading above the 50-day moving average of $44.62 and above the 200-day moving average of $43.60.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of International Flavors & Fragrances on July 21, 2010 at $45.29. Since the call, the stock has risen 2.7%.

Keywords: international flavors & fragrances pivot points

Ticker(s): IFF

Contact Chip Brian



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