Is Aeroflex Holding (ARX) Ready to Breakout? - Tale of the Tape
Are you a technical investor? If so, it may be time to consider Aeroflex Holding Corp. ( ARX ) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for ARX.
This trend may have already begun, as shares of ARX have moved by higher by 10.4% in just the past month. Plus, ARX has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Aeroflex Holding has plenty of life left.
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