Buyers Accumulating Shares of Radiant Systems on 1.2x Above-Average Volume (RADS)
Shares of Radiant Systems (NASDAQ: RADS) are trading up 5.6% to $17.10 today on above average volume. Approximately 250,000 shares have traded hands today vs. average 30-day volume of 215,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of RADS to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Radiant Systems and our subscribers were alerted to buy on July 26, 2010 at $14.91. The stock has risen 14.7% since the alert was issued.
Write to Chip Brian at cbrian@tradethetrend.com
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