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Next Resistance Level for WisdomTree Pacific ex-Japan Equity Income Fund (DNH) is $52.34

Written on Fri, 06/18/2010 - 11:24am
By Chip Brian

SmarTrend has detected shares of WisdomTree Pacific ex-Japan Equity Income Fund (NYSE:DNH) have bullishly opened above the pivot of $51.45 today and have reached the first resistance level of $51.93.
We are watching for a cross of the next upside pivot targets of $52.34 and $53.22. Also, the shares should find initial resistance at the 50-day moving average of $53.74 and further resistance at the 200-day moving average of $54.78.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of WisdomTree Pacific ex-Japan Equity Income Fund on June 11, 2010 at $50.11. Since the call, the stock has risen 3.8%.

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