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Gaylord Entertainment (GET) Upgrade Alert, Watch for 15.5% Technical Downtrend Reversal

Gaylord (NYSE:GET) upgraded to Market Perform from Underperform at Wells Fargo. The stock closed yesterday at $16.03 on volume of 1,965,000 shares, above average daily volume of 765,914.

Gaylord Entertainment is currently below its 50-day moving average of $19.67 and should find support at its 200-day moving average of $13.81.

SmarTrend is bearish on shares of GET and our subscribers received a Downtrend alert on October 01, 2009 at $18.96, which has returned 15.5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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Related terms: entertainment, market, nyse, securities

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