Opnext (OPXT) Bullish Technical Alert - Trend Up 23.8%

Opnext (NASDAQ:OPXT) is trading 0.6% higher (up $0.02 to $3.17) today on volume of 269,834 shares. The stock has traded within a 52-week range of $1.29 and $4.17.

Opnext is currently above its 50-day moving average of $2.75 and above its 200-day moving average of $2.22.

SmarTrend is bullish on shares of OPXT and our subscribers received an Uptrend alert on August 21, 2009 at $2.56, which has returned 23.8% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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