Bullish MACD for 99 Cents (NDN)

July 8, 2010 Zacks Investment Research

99 Cents Only Stores (NDN) MACD indicator has moved into bullish territory with a reading of 0.1461. The Zacks #1 Rank (“Strong Buy”) stock gained slightly to $15.17 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending March 2011 has increased 9 cents over the past 2 months to $1.01 per share.

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