[June 08, 2012] Windstream (WIN) Crosses Pivot Point Support at $9.24 Tweet Jun 08, 2012 (SmarTrend(R) News Watch via COMTEX) -- Shares of Windstream (NASDAQ:WIN) opened today below their pivot of $9.31 and have already reached the first level of support at $9.24. Should the shares continue to fall, the support pivots of $9.18 and $9.05 will be of interest. Potential upside of 24.7% exists for Windstream, based on a current level of $9.27 and analysts' average consensus price target of $11.56. The stock should find initial resistance at its 50-day moving average (MA) of $10.60 and further resistance at its 200-day MA of $11.66. Windstream share prices have moved between a 52-week high of $13.57 and a 52-week low of $9.00 and are now trading 3% above that low price at $9.27 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.1% while the 200-day MA has slid 0.4%. SmarTrend recommended that its subscribers protect gains by selling shares of Windstream on April 10th, 2012 by issuing a Downtrend alert when the shares were trading at $11.28. Since that call, shares of Windstream have fallen 18.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. 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 ]