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SmarTrend Detects Potential Break Out In Shares of TIBCO Software (TIBX)

By Chip Brian

Shares of TIBCO Software (NASDAQ:TIBX) traded near a new 52-week high yesterday of $14.29. Approximately 3 million shares traded hands yesterday vs. average 30-day volume of 3.4 million shares.
TIBCO Software closed at $14.2, approximately 2.1% above its previous closing price. SmarTrend will be monitoring shares of TIBX to see if it can push through this barrier.
SmarTrend is bullish on shares of TIBCO Software and our subscribers were alerted to Buy on December 23, 2009 at $9.69. The stock has risen 46.6% since the alert was issued.

Keywords: Tibco software 52-week high tomorrow performance

Ticker(s): TIBX