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RADVision (RVSN) Upgrade Alert, Watch for 2% Technical Downtrend Reversal

RADVision (NASDAQ:RVSN) upgraded to Hold, $6 target, at Oscar Gruss. The stock closed yesterday at $6.01 on volume of 358,400 shares, above average daily volume of 142,168.

RADVision is currently below its 50-day moving average of $7.80 and below its 200-day moving average of $6.96.

SmarTrend is bearish on shares of RVSN and our subscribers received a Downtrend alert on October 01, 2009 at $6.13, which has returned 2% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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