• Return to Headlines

Obagi Medical Products (OMPI) Crosses Pivot Point Support at $11.88

Written on Thu, 07/29/2010 - 11:02am
By Chip Brian

SmarTrend has detected shares of Obagi Medical Products (NASDAQ:OMPI) have bearishly opened below the pivot of $12.19 today and have reached the first level of support of $11.88.
Should the shares continue to fall, we are monitoring the next support pivots of $11.70 and $11.21. Also, the shares are currently trading below the 50-day moving average of $12.28 and below the 200-day moving average of $11.81.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Obagi Medical Products on June 09, 2010 at $12.08. Since the call, the stock has fallen 2.5%.

Keywords: obagi medical products pivot points

Ticker(s): OMPI

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.