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Stock impact report

Applied Industrial Technologies Once More Attempting To Break Out [Seeking Alpha]

Applied Industrial Technologies, Inc. (AIT) 
Last applied industrial technologies, inc. earnings: 4/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.applied.com/home
Company Research Source: Seeking Alpha
Applied Industrial Technologies Once More Attempting To Break Out Summary Company beats on earnings. Shares making another attempt to break above overhead resistance. We decided to go long. Applied Industrial nologies, Inc. (NYSE: AIT Q1 Being chartists, we believe that any fundamental that could possibly affect the share price has already been reflected in the technical chart. We believe if the share price is rising at any given moment, this means that the fundamentals are bullish at that given moment in time. In this article, we will use the technical approach to see if there are any buying opportunities in Applied Industrial nologies at present. We already know that the stock is cheaper than its recent historic averages, top-line sales and operating profit are up double-digit percentages over the past 5 years despite near-term pressures, and the firm has now grown its dividend for 9 years now. Let's see what the charts say about Applied Industrial nologies at present. We will start Show less Read more
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