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Bearish MACD for SVM

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August 10, 2011 | Comment(s): 0
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SVM
Silvercorp Metals Inc. (USA)’s (SVM - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.4900. The Zacks #4 Rank (“Sell”) stock decreased slightly to $8.35 in morning trade. The Zacks Consensus Estimate for the year ending March 2012 has decreased by 2 cents over the past month to 57 cents per share.

 

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