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Blue Nile (NILE) Momentum Alert: 4.7% Move in 16 Days
Jul 03, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend's proprietary algorithms detected bearish price action on shares of Blue Nile (NASDAQ:NILE) which generated a Downtrend alert on June 16, 2009 at $41.86.
Since the alert, NILE has trended 4.7% lower as of today's recent price of $39.91.
SmarTrend is actively monitoring Blue Nile for any change in trend direction.
Write to Chip Brian at cbrian@tradethetrend.com
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