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Central European Distribution (CEDC) Bullish Technical Alert - Trend Up 18.4%

Central European Distribution (NASDAQ:CEDC) is trading 1.8% higher (up $0.58 to $33.09) today on volume of 375,093 shares. The stock has traded within a 52-week range of $5.97 and $40.92.

Central European Distribution is currently above its 50-day moving average of $31.81 and above its 200-day moving average of $22.33.

SmarTrend is bullish on shares of CEDC and our subscribers received an Uptrend alert on July 23, 2009 at $27.95, which has returned 18.4% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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