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TMCNET eNEWSLETTER SIGNUP Up on Heavy Volume in Possible Trend Reversal (YOKU)
[December 18, 2012] Up on Heavy Volume in Possible Trend Reversal (YOKU)

Dec 18, 2012 (SmarTrend(R) News Watch via COMTEX) --'s stock is up 6.1% to $17.98 on heavy trading volume. Today's volume of 2.6 million shares tops the average 30-day volume of 2.3 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that its subscribers protect gains by selling shares of on November 14th, 2012 by issuing a Downtrend alert when the shares were trading at $18.16. Since that call, shares of have fallen 6.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, has traded in a range of $13.82 to $32.75 and is now at $17.83, 29% above that low. The 200-day and 50-day moving averages have moved 0.99% lower and 1.59% lower over the past week, respectively.

Write to Chip Brian at --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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