Alaska Communications Systems (ALSK) Bearish Technical Alert - Trend Down 4.4%

Alaska Communications Systems (NASDAQ:ALSK) is trading 2.1% lower (down $0.16 to $7.62) today on volume of 134,238 shares. The stock has traded within a 52-week range of $4.92 and $10.42.

Alaska Communications Systems is currently below its 50-day moving average of $8.45 and should find support at its 200-day moving average of $7.33.

SmarTrend is bearish on shares of ALSK and our subscribers received a Downtrend alert on October 28, 2009 at $7.97, which has returned 4.4% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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