NetSuite (N) Upgrade Alert, Watch for 32.1% Technical Uptrend Continuation

NetSuite (NYSE:N) upgraded to Hold at Benchmark. The stock closed yesterday at $16.45 on volume of 276,700 shares, above average daily volume of 181,058.

NetSuite is currently above its 50-day moving average of $14.40 and above its 200-day moving average of $11.58.

SmarTrend is bullish on shares of N and our subscribers received an Uptrend alert on July 20, 2009 at $12.45, which has returned 32.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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