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LSI (LSI) Rating Maintained Alert, Watch for 14.3% Technical Downtrend Reversal

Written on Thu, 07/29/2010 - 11:37am
By Chip Brian

LSI (NYSE:LSI) maintained Outperform, target lowered to $6.25 from $7.5, at FBR Capital. The stock closed yesterday at $4.75 on volume of 9,281,200 shares, above average daily volume of 6,993,246.
LSI is currently below its 50-day moving average of $5.02 and below its 200-day moving average of $5.58.
SmarTrend is bearish on shares of LSI and our subscribers received a Downtrend alert on May 06, 2010 at $5.54, which has returned 14.3% to date.

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

Ticker(s): LSI

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