( EMAILWIRE.COM, May 07, 2007 ) Los Angeles, CA -- Tony Golan, Chief Technical Analyst with StockProfit.com, has issued a new Technical Trading Alert on Career Education Corporation (NASDAQ: CECO).
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According to Mr. Golan, “Technically, CECO is in a strong new long-term up-trend, making higher highs and higher lows above a rising 200-day moving average. Relative Strength Differential (RSD), our proprietary indicator for selecting super-strong stocks, has recently crossed above the 25% threshold, indicating the stock is very strong compared to the S&P 500, and should therefore be considered a candidate for a buy. On Friday, CECO exploded to a new high with a white candlestick and above-average, rising volume”.
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About Career Education Corporation
Career Education Corporation (CEC) is a educational services company operating through six segments: Academy segment, which includes the International Academy of Design and Technology campuses that offer academic programs; the Colleges segment, which includes schools that offer academic programs; the Culinary Arts segment, which includes Le Cordon Bleu and Kitchen Academy schools that offer culinary arts programs; the Health Education segment, which includes Sanford-Brown schools that offer academic programs; the International segment, which includes INSEEC Group schools that are located throughout France and offer academic programs, and the University segment, CEC’s American Intercontinental University and Colorado Technical Universities that offer academic programs.
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