Clearwire (CLWR) Upgrade Alert, Watch for 2.3% Technical Uptrend Continuation
Oct 15, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: Clearwire Corp (CLWR)
Clearwire (NASDAQ:CLWR) upgraded to Outperform from Neutral at Macquarie. The stock closed yesterday at $7.97 on volume of 1,169,500 shares, below average daily volume of 1,556,671.
Clearwire is currently above its 50-day moving average of $7.87 and above its 200-day moving average of $5.59.
SmarTrend is bullish on shares of CLWR and our subscribers received an Uptrend alert on August 31, 2009 at $7.79, which has returned 2.3% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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Company: Clearwire Corp (CLWR)
Related terms: market, nasdaq, securities
