• Return to Headlines

Next Support Level for Retalix (RTLX) is $11.61

Written on Wed, 05/12/2010 - 9:15am
By Chip Brian

SmarTrend has detected shares of Retalix (NASDAQ:RTLX) have bearishly opened below the pivot of $11.81 today and have reached the first level of support of $11.68.
Should the shares continue to fall, we are monitoring the next support pivots of $11.61 and $11.41. Also, the shares are currently trading below the 50-day moving average of $13.45 and below the 200-day moving average of $11.90.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Retalix on April 27, 2010 at $12.88. Since the call, the stock has fallen 9.8%.

Keywords: retalix pivot points

Ticker(s): RTLX

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.