Bullish MACD for Sally Beauty Holdings – Tale of the Tape (SBH)

Sally Beauty Holdings, Inc.’s (SBH) MACD indicator has entered into bullish territory with a reading of 0.1378. The Zacks #2 Rank (“Buy”) stock increased slightly to $17.29 in morning trade. The Zacks Consensus Estimate for the year ending September 2011 has increased by 4 cents over the past two months to $1.05 per share.