Bullish MACD for New Oriental Education & Tech Grp – Tale of the Tape (EDU)

Zacks New Oriental Education & Tech Grp ’s (EDU) MACD indicator has entered into bullish territory with a reading of 0.0474. The Zacks #1 Rank (“Strong Buy”) stock increased slightly to $30.21 in morning trade. The Zacks Consensus Estimate for the year ending May 2012 has increased by 2 cents over the past week to 91 cents per share.

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