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Provident Financial Holdings (PROV) Crosses Pivot Point Support at $5.12

By Chip Brian

SmarTrend has detected shares of Provident Financial Holdings (NASDAQ:PROV) have bearishly opened below the pivot of $5.25 today and have reached the first level of support of $5.12.
Should the shares continue to fall, we are monitoring the next support pivots of $4.95 and $4.65. Also, the shares are currently trading below the 50-day moving average of $5.80 and should find support at the 200-day moving average of $4.77.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Provident Financial Holdings on May 25, 2010 at $5.49. Since the call, the stock has fallen 7.7%.

Keywords: provident financial holdings pivot points

Ticker(s): PROV