[October 16, 2009] AudioCodes (AUDC) Upgrade Alert, Watch for 87.6% Technical Uptrend Continuation Tweet Oct 16, 2009 (SmarTrend(R) Spotlight via COMTEX) -- AudioCodes (NASDAQ:AUDC) upgraded to Buy from Underperform at BofA/Merrill. The stock closed yesterday at $2.57 on volume of 785,310 shares, above average daily volume of 65,643. AudioCodes is currently above its 50-day moving average of $2.07 and above its 200-day moving average of $1.62. SmarTrend is bullish on shares of AUDC and our subscribers received an Uptrend alert on April 08, 2009 at $1.37, which has returned 87.6% to date. 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.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 [ Back To TMCnet.com's Homepage ]