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OpenTable Inc (OPEN) surged 4.8% to $58.27 per share on Friday breaking out an important resistance with heavy volume. We should be able to see some decent upside movement for the bulls here. Technically, the stock still in a very strong bull market with the MACD on top of signal line and 50-day SMA on top of 200-day SMA. Fresh buys can be initiated with a stop at $52.74 (50SMA).
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