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Regions Financial (RF) Technical Alert - Watch for 10.3% Uptrend Continuation

Regions Financial (NYSE:RF) is trading 4.1% higher (up $0.24 to $6.10) today on volume of 3,543,577 shares. This compares to the previous trading session where the stock closed at $5.86 on volume of 52,130,500 shares, above average daily volume of 45,961,

Regions Financial is currently above its 50-day moving average of $4.29 and above its 200-day moving average of $5.43.

SmarTrend is bullish on shares of (RF) and our subscribers received an Uptrend alert on August 14, 2009 at $5.53, which has returned 10.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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