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Arris Group (ARRS) Upgrade Alert, Watch for 3.8% Technical Downtrend Reversal

Written on Fri, 07/30/2010 - 11:48am
By Chip Brian

Arris Group (NASDAQ:ARRS) upgraded to Hold from Underperform, $10 target, at Jefferies. The stock closed yesterday at $9.61 on volume of 8,873,100 shares, above average daily volume of 1,416,999.
Arris Group is currently below its 50-day moving average of $10.87 and below its 200-day moving average of $11.15.
SmarTrend is bearish on shares of ARRS and our subscribers received a Downtrend alert on July 29, 2010 at $9.98, which has returned 3.8% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): ARRS

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