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Crash In Hindsight: SUPERVALU Currently 14.40% Below its May 6th Crash Low of $13.19 (SVU)

Written on Sat, 07/31/2010 - 9:48am
By Chip Brian

SUPERVALU (NYSE:SVU) is currently trading 14.40% below its May 6th low of $13.19. Investors are looking to see if the shares can regain the May 'flash crash' level which may act as short-term resistance.
In the past 52-weeks, shares of SUPERVALU have traded between a low of $10.4 and a high of $17.89 and are now at $11.29, which is 8.60% above that low price.
SmarTrend is bearish on shares of SUPERVALU and our subscribers were alerted to Sell on April 23, 2010 at $15.96. The stock has fallen 29.3% since the alert was issued.

Keywords: SuperValu flash crash

Ticker(s): SVU

Contact Chip Brian



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