• Return to Headlines

Watch for Shares of Overhill Farms (OFI) to Approach Resistance at $6.41

Written on Mon, 06/21/2010 - 2:58pm
By Chip Brian

SmarTrend has detected shares of Overhill Farms (AMEX:OFI) have bullishly opened above the pivot of $6.30 today and have reached the first resistance level of $6.36.
We are watching for a cross of the next upside pivot targets of $6.41 and $6.52. Also, the shares are currently trading above the 50-day moving average of $6.10 and above the 200-day moving average of $5.67.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Overhill Farms on February 04, 2010 at $5.12. Since the call, the stock has risen 24.6%.

Keywords: amex:ofi overhill farms pivot points

Ticker(s): OFI

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.