Tech Data (TECD) Bullish Technical Alert - Trend Up 40.4%
Oct 19, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: Tech Data Corp. (TECD)
Tech Data (NASDAQ:TECD) is trading 2.2% higher (up $0.90 to $42.18) today on volume of 239,043 shares. The stock is trading near its 52-week high of $44.63. We are watching for a close above that level.
Tech Data is currently above its 50-day moving average of $39.60 and above its 200-day moving average of $29.05.
SmarTrend is bullish on shares of TECD and our subscribers received an Uptrend alert on May 20, 2009 at $30.05, which has returned 40.4% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Company: Tech Data Corp. (TECD)
Related terms: market, nasdaq, securities
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