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Myriad Genetics (MYGN) Crosses Pivot Point Support at $14.46

Written on Thu, 07/29/2010 - 12:04pm
By Chip Brian

SmarTrend has detected shares of Myriad Genetics (NASDAQ:MYGN) have bearishly opened below the pivot of $14.80 today and have reached the first level of support of $14.46.
Should the shares continue to fall, we are monitoring the next support pivots of $14.29 and $13.78. Also, the shares are currently trading below the 50-day moving average of $16.54 and below the 200-day moving average of $21.91.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Myriad Genetics on April 21, 2010 at $22.63. Since the call, the stock has fallen 36.4%.

Keywords: myriad genetics pivot points

Ticker(s): MYGN

Contact Chip Brian



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