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Bullish MACD for MDCI

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July 09, 2010 | Comment(s): 0
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MDCI

Medical Action Industries’ (MDCI - Snapshot Report) MACD indicator has entered into bullish territory with a reading of 0.1862. The Zacks #1 Rank (“Strong Buy”) stock rose 2.8% to $13.00 in morning trade. The Zacks Consensus Estimate for the year ending March 2011 has increased 5 cents over the past two months to 94 cents per share.

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