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Next Resistance Level for ICU Medical (ICUI) is $39.20

Written on Tue, 07/27/2010 - 1:56pm
By Chip Brian

SmarTrend has detected shares of ICU Medical (NASDAQ:ICUI) have bullishly opened above the pivot of $38.08 today and have reached the first resistance level of $38.80.
We are watching for a cross of the next upside pivot targets of $39.20 and $40.32. Also, the shares are currently trading above the 50-day moving average of $32.96 and above the 200-day moving average of $34.68.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of ICU Medical on July 14, 2010 at $34.38. Since the call, the stock has risen 13.1%.

Keywords: icu medical pivot points

Ticker(s): ICUI

Contact Chip Brian



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