[May 22, 2012] Polo Ralph Lauren Up on Heavy Volume in Possible Trend Reversal (RL) Tweet May 22, 2012 (SmarTrend(R) News Watch via COMTEX) -- Polo Ralph Lauren shares are trading on heavy volume today, having risen 3.2% to $151.05. About 2.0 million shares have been traded today, as compared to the 30-day average volume of 872,000 shares. Spikes in volume can validate a breakout or signify a potential turning point. SmarTrend recommended that its subscribers protect gains by selling shares of Polo Ralph Lauren on April 24th, 2012 by issuing a Downtrend alert when the shares were trading at $165.54. Since that call, shares of Polo Ralph Lauren have fallen 11.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Polo Ralph Lauren share prices have moved between a 52-week high of $182.48 and a 52-week low of $105.11 and are now trading 44% above that low price at $151.69 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1%. 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 ]