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Tuesday, July 2, 2013

Unique Volume Found In Shares Of (NASDAQ: ACHN)

NASDAQ (NASDAQ: ACHN): fell by 22.01% or $-1.84/share to $6.52. In the past year, the shares have traded as low as $5.42 and as high as $11.36. On average, 1122670 shares of ACHN exchange hands on a given day and today's volume is recorded at 2858139. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $7.85 area but be careful because the stock may face selling pressure at this level.