| | FIRST MERCHANTS CORP COM support | resistance | research
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Stock : FRME |
| Stock Recommendations : Buy |
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| Sector : Financial |
| First Resistance : 22.50 |
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| Stock Name : FIRST MERCHANTS CORP COM |
| Second Resistance : 22.80 |
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| Buy Near : 22.01 |
| Third Resistance : 24.99 |
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| StopLoss : 18.06 |
| First Support : 22.00 |
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| Posted date : 11/2/2008 12:00:00 AM |
| Second Support : 20.11 |
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First Merchants Corporation com (FRME) stock given a breakout on 10/31/08 with good volume Again many technical indicators also have given a buy signal, with rising moving average. Weekly and daily stochastic and ADX also given a buy signal.
First Merchants Corporation com (FRME) declared a quarterly cash dividend of $0.23 per share on its common stock. The cash dividend is payable December 19, 2008, to stockholders of record December 5, 2008. First Merchants Corporation com (FRME) is a financial holding company. In down economy good dividend pay offering good investment in this stock. As per technical indicator analysis this stock looks good candidate for portfolio investment and also for day trading, stock investing, trend trading | swing trading. Due to stock market and economic condition keep tight stop loss on all position. You can buy this stock near $16.00
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