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Next Resistance Level for Phase Forward (PFWD) is $16.86

Written on Tue, 07/13/2010 - 1:11pm
By Chip Brian

SmarTrend has detected shares of Phase Forward (NASDAQ:PFWD) have bullishly opened above the pivot of $16.79 today and have reached the first resistance level of $16.83.
We are watching for a cross of the next upside pivot targets of $16.86 and $16.93. Also, the shares are currently trading above the 50-day moving average of $16.71 and above the 200-day moving average of $14.83.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Phase Forward on April 16, 2010 at $16.82. Since the call, the stock has risen 0.1%.

Keywords: Phase Forward pivot points

Ticker(s): PFWD

Contact Chip Brian



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