TMCnet News

Spreadtrum Communications (SPRD) Bullish Technical Alert - Trend Up 213.4%
[October 29, 2009]

Spreadtrum Communications (SPRD) Bullish Technical Alert - Trend Up 213.4%


Oct 29, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Spreadtrum Communications (NASDAQ:SPRD) is trading 2.9% higher (up $0.15 to $5.28) today on volume of 220,475 shares. The stock has traded within a 52-week range of $0.63 and $6.05.

Spreadtrum Communications is currently above its 50-day moving average of $4.21 and above its 200-day moving average of $2.41.

SmarTrend is bullish on shares of SPRD and our subscribers received an Uptrend alert on May 04, 2009 at $1.69, which has returned 213.4% 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 ]