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Next Support Level for Nanometrics (NANO) is $8.28

Written on Tue, 07/20/2010 - 1:43pm
By Chip Brian

SmarTrend has detected shares of Nanometrics (NASDAQ:NANO) have bearishly opened below the pivot of $8.63 today and have reached the first level of support of $8.51.
Should the shares continue to fall, we are monitoring the next support pivots of $8.28 and $7.93. Also, the shares are currently trading below the 50-day moving average of $10.48 and below the 200-day moving average of $10.01.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Nanometrics on July 08, 2010 at $8.65. Since the call, the stock has fallen 2%.

Keywords: nanometrics pivot points

Ticker(s): NANO

Contact Chip Brian



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