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Desarrolladora Homex SAB de CV's Shares Changing Hands at Higher Prices on 1.1x Above-Average Volume (HXM)

Written on Tue, 08/03/2010 - 2:45pm
By Chip Brian

Shares of Desarrolladora Homex SAB de CV (NYSE:HXM) are trading up 1.3% to $30.27 today on above average volume. Approximately 223,000 shares have traded hands today vs. average 30-day volume of 208,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of HXM to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Desarrolladora Homex SAB de CV and our subscribers were alerted to buy on July 23, 2010 at $27.93. The stock has risen 8.4% since the alert was issued.

Keywords: desarrolladora homex sab de cv unusual volume

Ticker(s): HXM

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