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Next Resistance Level for Outdoor Channel Holdings (OUTD) is $5.53

Written on Wed, 07/14/2010 - 11:08am
By Chip Brian

SmarTrend has detected shares of Outdoor Channel Holdings (NASDAQ:OUTD) have bullishly opened above the pivot of $5.27 today and have reached the first resistance level of $5.44.
We are watching for a cross of the next upside pivot targets of $5.53 and $5.79. Also, the shares should find initial resistance at the 50-day moving average of $5.57 and further resistance at the 200-day moving average of $5.99.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Outdoor Channel Holdings on July 13, 2010 at $5.24. Since the call, the stock has risen 4.8%.

Keywords: outdoor channel holdings pivot points

Ticker(s): OUTD

Contact Chip Brian



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