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Jo-Ann Stores (JAS) Bullish Technical Alert - Trend Up 39.4%

Jo-Ann Stores (NYSE:JAS) is trading 2.6% higher (up $0.78 to $30.55) today on volume of 87,905 shares. The stock has breached its 52-week high of $29.91.

Jo-Ann Stores is currently above its 50-day moving average of $26.08 and above its 200-day moving average of $19.41.

SmarTrend is bullish on shares of JAS and our subscribers received an Uptrend alert on July 16, 2009 at $21.91, which has returned 39.4% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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