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Buyers Accumulating Shares of Chiquita Brands International on 1.1x Above-Average Volume (CQB)

Written on Fri, 07/30/2010 - 10:05am
By Chip Brian

Shares of Chiquita Brands International (NYSE:CQB) are trading up 9.3% to $14.44 today on above average volume. Approximately 671,000 shares have traded hands today vs. average 30-day volume of 626,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of CQB to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Chiquita Brands International and our subscribers were alerted to buy on June 14, 2010 at $13.46. The stock has risen 7.3% since the alert was issued.

Keywords: chiquita brands international unusual volume

Ticker(s): CQB

Contact Chip Brian



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