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Shares of Trico Marine Services are Moving Higher on 1.4x Above-Average Volume (TRMA)

By Chip Brian

Shares of Trico Marine Services (NASDAQ:TRMA) are trading up 3.2% to $0.90 today on above average volume. Approximately 1.5 million shares have traded hands today vs. average 30-day volume of 1 million shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of TRMA to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Trico Marine Services and our subscribers were alerted to buy on July 15, 2010 at $0.65. The stock has risen 38.2% since the alert was issued.

Keywords: Trico Marine Services unusual volume

Ticker(s): TRMA