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Millicom International Cellular Trading Higher on 1x Above-Average Volume (MICC)

Written on Fri, 07/30/2010 - 12:21pm
By Chip Brian

Shares of Millicom International Cellular (NASDAQ:MICC) are trading up 0.9% to $92.77 today on above average volume. Approximately 449,000 shares have traded hands today vs. average 30-day volume of 428,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of MICC to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Millicom International Cellular and our subscribers were alerted to buy on July 15, 2010 at $87.78. The stock has risen 5.7% since the alert was issued.

Keywords: millicom international cellular unusual volume

Ticker(s): MICC

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