TMCnet News
Applied Micro Circuits: The Trend Continues Higher (AMCC)Feb 26, 2010 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Applied Micro Circuits (NASDAQ:AMCC) on January 19, 2010 at $8.01. In approximately 1 month, Applied Micro Circuits has returned 10.7% as of today's recent price of $8.87. Applied Micro Circuits is currently above its 50-day moving average of $7.83 and above its 200-day moving average of $8.00. Look for these moving averages to climb to confirm the company's upward momentum. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Applied Micro Circuits shares. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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.mysmartrend.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.mysmartrend.com/signup |
