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WisdomTree Pacific ex-Japan Equity Income Fund (DNH) Crosses Pivot Point Resistance at $50.86

Written on Thu, 07/22/2010 - 10:41am
By Chip Brian

SmarTrend has detected shares of WisdomTree Pacific ex-Japan Equity Income Fund (NYSE:DNH) have bullishly opened above the pivot of $50.77 today and have reached the first resistance level of $50.86.
We are watching for a cross of the next upside pivot targets of $50.98 and $51.19. Also, the shares are currently trading above the 50-day moving average of $49.85 and should find resistance at the 200-day moving average of $54.57.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of WisdomTree Pacific ex-Japan Equity Income Fund on July 13, 2010 at $50.80. Since the call, the stock has risen 0.1%.

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