Tractor Supply Co (TSCO) Downgrade Alert, Watch for 25.2% Technical Uptrend Continuation

Tractor Supply Co (NASDAQ:TSCO) downgraded to Underweight from Neutral at Piper Jaffray. The stock closed yesterday at $50.96 on volume of 764,100 shares, above average daily volume of 532,118.

Tractor Supply is currently above its 50-day moving average of $48.13 and above its 200-day moving average of $40.57.

SmarTrend is bullish on shares of TSCO and our subscribers received an Uptrend alert on June 26, 2009 at $40.71, which has returned 25.2% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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