[April 29, 2013] Possible Trend Reversal, Sohu.com Down on Heavy Volume (SOHU) Tweet Apr 29, 2013 (SmarTrend(R) News Watch via COMTEX) -- The price of Sohu.com shares has slipped to $50.62 (a 0.3% change) on heavy trading volume. Today's volume of 537,000 shares tops the average 30-day volume of 476,000 shares. Unusually high volume can signify a potential turning point or validate a breakout. SmarTrend recommended that subscribers consider buying shares of Sohu.com on March 20th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $48.07. Since that recommendation, shares of Sohu.com have risen 5.6%. We continue to monitor SOHU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. In the past 52 weeks, shares of Sohu.com have traded between a low of $33.75 and a high of $53.28 and are now at $50.18, which is 49% above that low price. The 200-day and 50-day moving averages have moved 0.44% higher and 0.79% higher over the past week, respectively. 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 ]