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Bearish MACD for Fresh Market

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The Fresh Market Inc’s MACD indicator has moved into bearish territory with a reading of -0.2212. The Zacks #4 Rank (“Sell”) stock decreased slightly to $39.36 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2012 has decreased by 4 cents over the past two months to $1.06 per share.

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