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JimVanMeerten (63.06)

Casey is pumping profits

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June 21, 2011 – Comments (0) | RELATED TICKERS: CASY

Barchart technical indicators:

1 - 96% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 11 new highs and up 13.79% in the last month

5 - Relative Strength Index is 73.90% and rising

6 - Trades around 45.11 with a 50 day moving average of 40.15

Summary: Casey General Stores (CASY) is making money on its own but some of the price momentum is due to take over rumors.  If you think there is money in selling gas, beer, tobacco and impulse snacks this is the stock for you.

Jim Van Meerten is a Marketocracy Master

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