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Viacom (VIA.B) Bullish Technical Alert - Trend Up 8.6%

Viacom (NYSE:VIA.B) is trading 0.8% higher (up $0.21 to $25.88) today on volume of 494,529 shares. The stock is trading near its 52-week high of $27.34. We are watching for a close above that level.

Viacom is currently above its 50-day moving average of $23.49 and above its 200-day moving average of $19.42.

SmarTrend is bullish on shares of VIA.B and our subscribers received an Uptrend alert on July 23, 2009 at $23.84, which has returned 8.6% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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