Power Integrations (POWI) Bullish Technical Alert - Trend Up 55.3%

Power Integrations (NASDAQ:POWI) is trading 1.2% higher (up $0.36 to $31.46) today on volume of 165,180 shares. The stock has traded within a 52-week range of $14.59 and $36.25.

Power Integrations is currently above its 200-day moving average of $24.90 and should find resistance at its 50-day moving average of $33.04.

SmarTrend is bullish on shares of POWI and our subscribers received an Uptrend alert on May 18, 2009 at $20.26, which has returned 55.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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