[June 13, 2011] Uptrend Call Realized As Majesco Entertainment Stock Rises 22.3% (COOL) Tweet Jun 13, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend is monitoring the recent change of momentum in Majesco Entertainment. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Majesco Entertainment in search of a potential trend change. In the past 52 weeks, shares of Majesco Entertainment have traded between a low of $0.49 and a high of $4.19 and are now at $4.14, which is 745% above that low price. Majesco Entertainment is currently above its 50-day moving average of $3.33 and above its 200-day moving average of $1.63. Look for these moving averages to climb to confirm the company's upward momentum. In the last five trading sessions, the 50-day MA has climbed 1.58% while the 200-day MA has risen 5%. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Majesco Entertainment shares. 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 [ Back To TMCnet.com's Homepage ]