(RealTimeTraders.com) - Valassis Communications (VCI) gapped up at the open of Friday's session, but has been moving in a narrow range for the majority of the day. The stock has taken out the highs of the session in the last 10 minutes and is now up 0.74 at $29.19 on average volume.

Valassis Communications has risen above the upper end of a one-month range and is now trading at a 7 1/2 month high.

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