Arthrocare Corp

By root | September 23, 2007 AAA

For today's chart we've chosen to take a look at Arthrocare Corp. (Nasdaq:ARTC) because it is in the process of testing the support of its 50-day moving average. As you can see from the chart below, the break above the 50 DMA in early April coincided with the beginning of an impressive rally. Technical traders will keep a close eye on this average because it seems to be propping up the price and many will remain bullish until the price closes below $53.25.



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