TMCnet News
Aruba Networks (ARUN) Upgrade Alert, Watch for 238.3% Technical Uptrend ContinuationNov 18, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Aruba Networks (NASDAQ:ARUN) upgraded to Overweight from Equal Weight, $13 target, at Barclays. The stock closed yesterday at $9.49 on volume of 841,100 shares, below average daily volume of 1,100,030. Aruba Networks is currently above its 50-day moving average of $8.95 and above its 200-day moving average of $6.57. SmarTrend is bullish on shares of ARUN and our subscribers received an Uptrend alert on January 06, 2009 at $2.81, which has returned 238.3% 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 |
