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Logitech (LOGI) Upgrade Alert, Watch for 14.9% Technical Uptrend Continuation

Oct 23, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Logitech International S.A. (LOGI)

Logitech (NASDAQ:LOGI) upgraded to Buy from Neutral at UBS. The stock closed yesterday at $18.95 on volume of 4,270,000 shares, above average daily volume of 1,123,872.

Logitech International is currently above its 50-day moving average of $18.11 and above its 200-day moving average of $13.87.

SmarTrend is bullish on shares of LOGI and our subscribers received an Uptrend alert on July 21, 2009 at $16.49, which has returned 14.9% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Logitech International S.A. (LOGI)


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