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The average daily rate of vaccination has been on the decline for about two weeks. More than 20 states are not ordering all available doses of the vaccine as interest slows. Just last week, Philadelphia nearly lost 1,000 doses that were set to expire.
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New Jersey announced it is offering a shot and a beer for residents who get their first dose in May, as part of its public awareness campaign dubbed Operation: Jersey Summer.
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Bright Horizons Family Solutions Inc (BFAM): Price Now Near $164.21; Daily Chart Shows Downtrend on 20 Day Basis
At the time of this writing, BFAM (
Get Ratings)’s price is up $1.52 (0.93%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the
100 and 50 hour moving averages, resulting in them with price now being
above them. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.