TowneBank (TOWN) Trend Change Alert: 13.6% Move in 13 Days
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[July 04, 2009]

TowneBank (TOWN) Trend Change Alert: 13.6% Move in 13 Days

Jul 04, 2009 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend's proprietary algorithms detected bearish price action on shares of TowneBank (NASDAQ:TOWN) which generated a Downtrend alert on June 19, 2009 at $15.38.

Since the alert, TOWN has trended 13.6% lower as of today's recent price of $13.30.

SmarTrend is actively monitoring TowneBank for any change in trend direction.



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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