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John Hancock Investors Trust (JHI) Breaks Through Resistance at $21.14

Written on Wed, 05/26/2010 - 9:25am
By Chip Brian

SmarTrend has detected shares of John Hancock Investors Trust (NYSE:JHI) have bullishly opened above the pivot of $20.45 today and have reached the first resistance level of $21.14.
We are watching for a cross of the next upside pivot targets of $21.51 and $22.57. Also, the shares are currently trading above the 50-day moving average of $20.25 and above the 200-day moving average of $18.58.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of John Hancock Investors Trust on December 28, 2009 at $18.57. Since the call, the stock has risen 14%.

Keywords: john hancock investors trust pivot points

Ticker(s): JHI

Contact Chip Brian



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