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Stock Market & Financial Investment News

News Breaks
January 16, 2013
10:51 EDTVRAVera Bradley fades after early spike higher, levels to watch
The company raised Q4 and fiscal year 2013 estimates last night after the close. Shares gapped up well above the 10-day moving average earlier this morning, up more than 6% at one point. At time of writing the stock has reversed lower on the day, breaking down below support at the 10-day moving average. The 10-day, last at $23.57, is now resistance. Next support is at $22, a recent pivot low.
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