AirMedia (AMCN) Bullish Technical Alert - Trend Up 24.9%
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[October 20, 2009]

AirMedia (AMCN) Bullish Technical Alert - Trend Up 24.9%

Oct 20, 2009 (SmarTrend(R) Spotlight via COMTEX) -- AirMedia (NASDAQ:AMCN) is trading 0.5% higher (up $0.04 to $8.47) today on volume of 75,739 shares. The stock is trading near its 52-week high of $8.60. We are watching for a close above that level.



AirMedia is currently above its 50-day moving average of $7.34 and above its 200-day moving average of $5.93.

SmarTrend is bullish on shares of AMCN and our subscribers received an Uptrend alert on August 04, 2009 at $6.78, which has returned 24.9% to date.



Write to Chip Brian at cbrian@tradethetrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

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