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MicroStrategy Shares Down 24.8% Since SmarTrend's Sell Call (MSTR)Nov 09, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for MicroStrategy (NASDAQ:MSTR) on October 4th, 2012 at $126.31. In approximately 1 month, MicroStrategy has returned 24.84% as of today's recent price of $94.94. MicroStrategy share prices have moved between a 52-week high of $178.58 and a 52-week low of $92.00 and are now trading 3% above that low price at $94.94 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has remained constant. MicroStrategy Incorporated provides business intelligence software and related services. The Company's technology platform enables departments and enterprises to deploy Web-based reporting and analysis solutions. MicroStrategy also offers consulting, training, and support services. Solutions are provided to retail, finance, telecommunications, insurance, dot-com, and healthcare industries. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of MicroStrategy. Log in and add MicroStrategy (MSTR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. 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 |