CardioNet (BEAT) Upgrade Alert, Watch for 11.4% Technical Uptrend Continuation
Wednesday, March 10, 2010 - 10:16
Written on Wed, 03/10/2010 - 10:16am
By Chip Brian

CardioNet (NASDAQ:BEAT) upgraded to Hold, $7 target, at Jefferies. The stock closed yesterday at $6.63 on volume of 372,665 shares, below average daily volume of 563,552.
CardioNet is currently above its 50-day moving average of $6.02 and should find resistance at its 200-day moving average of $8.01.
SmarTrend is bullish on shares of BEAT and our subscribers received an Uptrend alert on December 15, 2009 at $5.95, which has returned 11.4% to date.

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

Ticker(s): BEAT

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