Ads by Google

Molex (MOLX) Upgrade Alert, Watch for 22.6% Technical Uptrend Continuation

Oct 14, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Molex Inc. (MOLX)

Molex (NASDAQ:MOLX) upgraded to Buy from Neutral at Longbow. The stock closed yesterday at $21.01 on volume of 2,092,300 shares, above average daily volume of 1,365,539.

Molex is currently above its 50-day moving average of $19.11 and above its 200-day moving average of $15.80.

SmarTrend is bullish on shares of MOLX and our subscribers received an Uptrend alert on July 22, 2009 at $17.14, which has returned 22.6% 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: Molex Inc. (MOLX)


Related terms: market, nasdaq, securities

Related Articles

Kellogg (K) Upgrade Alert, Watch for 30% Technical Uptrend Continuation - Zibb.com
Oct 30, 2009
...Upgrade Alert, Watch for 30% Technical Uptrend Continuation Kellogg (NYSE:K) upgraded...currently above its 50-day moving average of $48.70 and above its 200-day moving average of $44.24. SmarTrend...

X-Fest event showcases interconnect solutions
Oct 28, 2009
...solutions EDN Europe, 28 Oct 2009 Molex will showcase its interconnect solutions at Avnet s X-Fest. Sponsored by Xilinx, Molex will showcase its SEARAY board...video to wireless to embedded networking. Molex offers a variety of high signal...

Ternium (TX) Upgrade Alert, Watch for 7.6% Technical Uptrend Continuation - Zibb.com
Nov 12, 2009
...Alert, Watch for 7.6% Technical Uptrend Continuation Ternium (NYSE:TX...currently above its 50-day moving average of $26.57 and above its 200-day moving average of $17.21. SmarTrend...

5.5inch diagonal passive matrix OLED
Oct 27, 2009
...matrix OLED EDN Europe, 27 Oct 2009 Molex will showcase its interconnect solutions at Avnet s X-Fest. Sponsored by Xilinx, Molex will showcase its SEARAY board...video to wireless to embedded networking. Molex offers a variety of high signal...