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<a href="http://www.accessmylibrary.com/article-1G1-114825209/icos-vision-back-up.html" title="Facts and information about ICOS Vision Back Up Above 50-Day Line.(B)(NASDAQ STOCKS IN THE NEWS)">ICOS Vision Back Up Above 50-Day Line.(B)(NASDAQ STOCKS IN THE NEWS)</a>
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ICOS Vision Back Up Above 50-Day Line.(B)(NASDAQ STOCKS IN THE NEWS)
Byline: Nancy Gondo
ICOS Vision Systems hit a three-year intraday high Feb. 20 before gradually pulling back to begin shaping a base. It found support near its 50-day trend line, sliding below it for just four sessions in mid-March. Since starting the base, the stock's closed in the upper half of its weekly range on above-average trade twice vs. zero down or lower-half weeks, a bullish sign. Keep in mind that bases need at least seven weeks to form - ICOS is working on its sixth week.
The maker of chip inspection gear grew sales the past two quarters, from 32% to 45% to 106%. Profits appear to be back on track after two years ...
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