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Trimeris (TRMS) New Coverage Alert, Watch for 12.6% Technical Downtrend Reversal

Written on Wed, 06/30/2010 - 6:28am
By Chip Brian

Trimeris (NASDAQ:TRMS) initiated at Buy at Roth Capital. The stock closed yesterday at $2.15 on volume of 33,275 shares, below average daily volume of 34,270.
Trimeris is currently below its 50-day moving average of $2.29 and below its 200-day moving average of $2.70.
SmarTrend is bearish on shares of TRMS and our subscribers received a Downtrend alert on January 13, 2010 at $2.46, which has returned 12.6% to date.

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

Ticker(s): TRMS

Contact Chip Brian



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