Bearish MACD for STAA - Tale of the Tape

STAAR Surgical Company's (STAA) MACD indicator has entered into bearish territory with a reading of -0.0690. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $5.41 in morning trade. The Zacks Consensus Estimate for the year ended December 2010 has worsened by 4 cents over the past month to a loss of 7 cents per share.
 
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