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AmerisourceBergen Corporation Message Board

  • sdstocktrading sdstocktrading Oct 4, 2007 11:50 AM Flag

    Chart Patterns Give Price Target of $51

    The MACD just crossed over and a bottom triangle pattern has formed. That gives us a price target of $51. We are looking for support at $43, so the downside is low. With just technical analysis, you are looking at a coin flip. We incorporate company and industry news to increase our winning percentage to 80%.

    Research Team at broadbandbrew.com

    See market commentary on our blog at http://broadbandbrew.wordpress.com

    ---Disclosure---
    The information above does not constitute a recommendation to buy or sell this stock. Broadbandbrew does not currently hold this stock in any of its portfolios.

 
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