The news story you are looking for has expired. A more recent related article is displayed below.

Sponsored Links

DRDGOLD Limited (DROOY) Upgrade Alert, Watch for 10.5% Technical Downtrend Reversal

Aug 20, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: DRDGOLD Ltd (DROOY)

DRDGOLD Limited (NASDAQ:DROOY) upgraded to Neutral, $8 target, at HSBC. The stock closed yesterday at $7.40 on volume of 61,300 shares, below average daily volume of 174,336.

DRDGOLD is currently below its 50-day moving average of $7.90 and should find support at its 200-day moving average of $7.26.

SmarTrend is bearish on shares of DROOY and our subscribers received a Downtrend alert on June 12, 2009 at $8.27, which has returned 10.5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

---------------------------------------------------------------------------------------------

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.

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.TradeTheTrend.com/signup.html

Copyright (C) 2009 Comtex SmarTrend(R). All rights reserved

News Provided by COMTEX

Company: DRDGOLD Ltd (DROOY)


Related terms: market, nasdaq, securities

Related Articles

Wynn Resorts (WYNN) Upgrade Alert, Watch for 12.7% Technical Downtrend Reversal - Zibb.com
Oct 28, 2009
...Alert, Watch for 12.7% Technical Downtrend Reversal Wynn Resorts...is currently below its 50-day moving average of $63.44 and should find support at its 200-day moving average of $41.65. SmarTrend...

Minimal improvement in Architecture Billings Index
Oct 21, 2009
...generated, which represents an index value for each month. The regional and sector data is formulated using a three-month moving average. Click Here Click Here © 2009, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved...

Supply chain management/technology: Third quarter microchip sales on rebound
Nov 2, 2009
...increase of 8.2 percent from August when sales were $19.1 billion. All monthly sales numbers represent a three-month moving average of global semiconductor sales. “Amid signs that we are in the early stages of recovery in the global economy, semiconductor...

ArQule (ARQL) Upgrade Alert, Watch for 21.1% Technical Downtrend Reversal - Zibb.com
Oct 13, 2009
...Alert, Watch for 21.1% Technical Downtrend Reversal ArQule (NASDAQ...is currently below its 50-day moving average of $5.27 and below its 200-day moving average of $4.69. SmarTrend...