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Novagold Resources (NG) Channel Alert: 19.5% Move in 43 Days

Jul 01, 2009 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend's proprietary algorithms detected bullish price action on shares of Novagold Resources (NYSE:NG) which generated an Uptrend alert on May 19, 2009 at $3.75.

Since the alert, NG has trended 19.5% higher as of today's recent price of $4.48.

SmarTrend is actively monitoring Novagold Resources for any change in trend direction.

Write to Chip Brian at cbrian@tradethetrend.com

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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.TradeTheTrend.com.

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