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Technical Analysis
- 11/19/2009 8:54:27 AM
By Chip Brian, SmarTrend Analytics Team
Medco Health (NYSE:MHS) initiated as Buy at UBS. The stock closed yesterday at $61.98 on volume of 2,039,403 shares, below average daily volume of 3,074,555.
Medco Health Solutions is currently above its 50-day moving average of $56.80 and above its 200-day moving average of $48.78.
SmarTrend is bullish on shares of MHS and our subscribers received an Uptrend alert on April 02, 2009 at $42.72, which has returned 45.1% to date.
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