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17.5% Return Seen to Date on SmarTrend Saba Software Call (SABA)May 15, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Saba Software (NASDAQ:SABA) on March 29th, 2012 at $10.55. In approximately 2 months, Saba Software has returned 17.54% as of today's recent price of $8.70. In the past 52 weeks, shares of Saba Software have traded between a low of $5.07 and a high of $13.11 and are now at $8.70, which is 72% above that low price. The 200-day and 50-day moving averages have moved 0.25% higher and 1.51% lower over the past week, respectively. Saba Software, Inc. provides Internet-based solutions that enable businesses and governments to create and deploy global networks that connect people to learning. The Company's Internet-based platform and related services enable organizations to procure and deliver learning. Saba also offers learning providers an Internet-based global marketing and distribution channel. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Saba Software. Log in and add Saba Software (SABA) 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 |
