TMCnet News
Leap Wireless International Downward Momentum Looks to Continue (LEAP)Feb 02, 2010 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Leap Wireless International (NASDAQ:LEAP) on January 12, 2010 at $15.09. In approximately 3 weeks, Leap Wireless International has returned 4.9% as of today's recent price of $14.36. Leap Wireless International is currently below its 50-day moving average of $15.46 and below its 200-day moving average of $22.36. Look for these moving averages to decline to confirm the company's downward momentum. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Leap Wireless International. 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.mysmartrend.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.mysmartrend.com/signup |
