[May 24, 2012] Uptrend Call Working As J Alexander's Stock Rises 40.4% (JAX) Tweet May 24, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for J Alexander's (AMEX:JAX) on August 24th, 2011 at $6.06. In approximately 9 months, J Alexander's has returned 40.38% as of today's recent price of $8.50. Over the past year, J Alexander's has traded in a range of $5.00 to $9.96 and is now at $8.50, 70% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.2%. J. Alexander's Corporation operates casual dining restaurants with an American menu. The Company operates J. Alexander's restaurants throughout the central and southern parts of the United States. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of J Alexander's shares.Log in and add J Alexander's (JAX) 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 [ Back To TMCnet.com's Homepage ]