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Watch for Shares of Provident Financial Holdings (PROV) to Approach Resistance at $6.70

Written on Wed, 05/12/2010 - 1:03pm
By Chip Brian

SmarTrend has detected shares of Provident Financial Holdings (NASDAQ:PROV) have bullishly opened above the pivot of $6.24 today and have reached the first resistance level of $6.54.
We are watching for a cross of the next upside pivot targets of $6.70 and $7.16. Also, the shares are currently trading above the 50-day moving average of $4.34 and above the 200-day moving average of $5.17.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Provident Financial Holdings on January 21, 2010 at $3.32. Since the call, the stock has risen 100.9%.

Keywords: provident financial holdings pivot points

Ticker(s): PROV

Contact Chip Brian



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