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<a href="http://www.accessmylibrary.com/article-1G1-139312283/intergraph-trading-tight-recent.html" title="Facts and information about Intergraph Trading In Tight Recent Range.(B)(NASDAQ STOCKS IN THE NEWS)">Intergraph Trading In Tight Recent Range.(B)(NASDAQ STOCKS IN THE NEWS)</a>
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Intergraph Trading In Tight Recent Range.(B)(NASDAQ STOCKS IN THE NEWS)
Byline: Jonah Keri
Intergraph broke out of a 15-week cup-without-handle base in late May. The stock has since surged 56% from its buy point of 30.80. It's spent the last five weeks trading in an extremely tight range and may be forming a five-weeks-tight or flat base. The stock has found support at its 10-week moving average, a good sign. Its buy point appears to be around 49.50.
The maker of mapping and space management software has posted single-digit sales growth in five of the last quarters, though it's climbed to 11% from 1% over the last three quarters. Earnings have vaulted from flat to up 113% ...
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