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Actuate Corporation Message Board

  • techno3454 techno3454 Jun 26, 2006 10:50 AM Flag

    Weekly Chart

    If you are long on ACTU...you will love the weekly chart...it has closed higher for 4 of the lats 5 weeks...and still a multi year resistance (4.25), which has become a strong support area now....and all technicals are indicating a further run to a new 52 week high. Money flow is ever strong and the stock is in a clear accumulation....IMO a quick run to the >5 range is coming soon.

    GL

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    • If you are long on ACTU...you will love the weekly chart...it has closed higher for 4 of the lats 5 weeks...and still above the multi year resistance (4.25), which has become a strong support area now....and all technicals are indicating a further run to a new 52 week high. Money flow is ever strong and the stock is in a clear accumulation....IMO a quick run to the >5 range is coming soon.