Bullish MACD for CMFO - Tale of the Tape

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China Marine Food Group Ltd.’s (CMFO) MACD indicator has moved into bullish territory with a reading of 0.0055. The Zacks #2 Rank (“Buy”) stock gained more than 6% to $4.99 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2010 moved up 3 cents over the past 2 months to 74 cents per share.
 
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