SmarTrend's Trend Spotter See Continued Upward Momentum on Shares of Pharmasset (VRUS)
SmarTrend identified an Uptrend for Pharmasset (NASDAQ: VRUS) on February 02, 2010 at $22.17. In approximately 1 month, Pharmasset has returned 20.7% as of today's recent price of $26.75.
Pharmasset is currently above its 50-day moving average of $21.42 and above its 200-day moving average of $18.40. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Pharmasset shares.
Write to Chip Brian at cbrian@tradethetrend.com
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