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Technical Analysis
- 11/19/2009 8:55:26 AM
By Chip Brian, SmarTrend Analytics Team
Chicos (NYSE:CHS) reiterated Outperform, raised price target to $18 from $15, at FBR. The stock closed yesterday at $14.67 on volume of 17,603,071 shares, above average daily volume of 4,181,522.
Chico's FAS is currently above its 50-day moving average of $13.01 and above its 200-day moving average of $9.42.
SmarTrend is bullish on shares of CHS and our subscribers received an Uptrend alert on July 22, 2009 at $10.08, which has returned 45.5% to date.
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