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Scientific Learning (SCIL) Crosses Pivot Point Resistance at $5.20

Written on Wed, 07/28/2010 - 3:00pm
By Chip Brian

SmarTrend has detected shares of Scientific Learning (NASDAQ:SCIL) have bullishly opened above the pivot of $5.13 today and have reached the first resistance level of $5.20.
We are watching for a cross of the next upside pivot targets of $5.27 and $5.41. Also, the shares are currently trading above the 50-day moving average of $5.20 and above the 200-day moving average of $5.14.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Scientific Learning on March 04, 2009 at $1.99. Since the call, the stock has risen 163.3%.

Keywords: scientific learning pivot points

Ticker(s): SCIL

Contact Chip Brian



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