[November 09, 2009] Lexmark (LXK) Downgrade Alert, Watch for 56.8% Technical Uptrend Reversal Tweet Nov 09, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Lexmark (NYSE:LXK) downgraded to Conviction Sell from Sell, $20 target, at Goldman. The stock closed Friday at $26.68 on volume of 1,269,718 shares, below average daily volume of 3,057,597. Lexmark International is currently above its 50-day moving average of $22.61 and above its 200-day moving average of $18.86. SmarTrend is bullish on shares of LXK and our subscribers received an Uptrend alert on August 10, 2009 at $17.02, which has returned 56.8% 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 ]