Gulf Resources, Inc.’s (GFRE) MACD indicator has entered into bullish territory with a reading of 0.2188. The Zacks #1 Rank (“Strong Buy”) stock increased more than 2% to $8.88 in afternoon trade. The Zacks Consensus Estimate for the year ending 2010 has increased by 15 cents over the past two months to $1.40 per share.
 
Zacks Investment Research