EMC Corp. (EMC) Upgrade Alert, Watch for 56.9% Technical Uptrend Continuation
Oct 14, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: EMC Corp. (EMC)
EMC Corp. (NYSE:EMC) upgraded to Overweight at Thomas Weisel. The stock closed yesterday at $17.92 on volume of 20,012,000 shares, below average daily volume of 22,678,735.
EMC is currently above its 50-day moving average of $16.23 and above its 200-day moving average of $13.15.
SmarTrend is bullish on shares of EMC and our subscribers received an Uptrend alert on March 19, 2009 at $11.42, which has returned 56.9% 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: EMC Corp. (EMC)
Related terms: market, nyse, securities
