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Amdocs Ltd (DOX) Upgrade Alert, Watch for 1.8% Technical Downtrend ReversalNov 05, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Amdocs Ltd (NYSE:DOX) upgraded to Buy, $33 target, at Cantor Fitzgerald. The stock closed yesterday at $24.47 on volume of 1,621,300 shares, above average daily volume of 975,819. Amdocs is currently below its 50-day moving average of $25.80 and should find support at its 200-day moving average of $21.62. SmarTrend is bearish on shares of DOX and our subscribers received a Downtrend alert on October 28, 2009 at $24.92, which has returned 1.8% 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 ] |
