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Uptrend Call Working As Infinera Stock Rises 34.1% (INFN)Jun 06, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Infinera (NASDAQ:INFN) on April 25th, 2013 at $8.15. In approximately 1 month, Infinera has returned 34.11% as of today's recent price of $10.93. In the past 52 weeks, Infinera share prices have been bracketed by a low of $4.33 and a high of $11.25 and are now at $10.93, 153% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 2.6%. Infinera Corporation manufactures digital optical telecommunications equipment. The Company uses photonic integrated circuits to create digital optical networks. Infinera markets its products to carriers, data service providers, and cable operators. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Infinera shares.Log in and add Infinera (INFN) 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 |
