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Shares of HOTT Up 25.7% Since Uptrend Call on SharesMay 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for HOT Topic (NASDAQ:HOTT) on January 27th, 2012 at $7.50. In approximately 4 months, HOT Topic has returned 25.68% as of today's recent price of $9.42. Over the past year, HOT Topic has traded in a range of $5.05 to $10.73 and is now at $9.42, 87% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.7%. Hot Topic, Inc. operates stores selling music-licensed and music influenced apparel, accessories, and gift items for young men and women principally between the ages of 12 and 22. The Company operates under the brand names HOT TOPIC and TORRID. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of HOT Topic shares.Log in and add HOT Topic (HOTT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. 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 |
