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Old 05-05-2010, 10:36 AM   Nav to Top  #1
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Default NTRI - NutriSystems, Inc

NTRI is a $700 million consumer discretionary company that provides weight management products and services primarily in the United States and Canada. After making a steady run from $14.00 to $33.00 in the 4th quarter of 2009, NTRI went on its own loss program, this one in terms of price. NTRI fell from near $33.00 at the end of December to $15.00 in just two months. Since early March, NTRI has been trending higher once again. On Tuesday, NTRI exploded higher, eclipsing key closing price resistance near the $21.25 level. Volume also exploded, confirming the move to the upside. We like NTRI now, especially on a pullback to retest that $21.25 level. Consider using the 20 day EMA as a closing stop area for at least the next 2-3 weeks as the MACD should continue to strengthen during this time.

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