This morning, the leading printer maker Lexmark International Inc (NYSE:LXK) is declining lower by $3.00 to $46.44 a share. Traders and investors should note that Lexmark International Inc stock is now approaching the 50-day moving average at $45.37. This area will be near term support for the stock should the level get tested today. There will also be more daily and intra-day chart support around the $44.30 level. Lexmark International Inc stock pivoted around the $44.30 level on June 12, 2014 before breaking out to new highs. These former pivot levels will be support for Lexmark International Inc stock when retested.
Nick Santiago
InTheMoneyStocks
Submitted July 15, 2014 at 11:47AM by inthemoneystocks http://ift.tt/U7CcuW
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