Flextronics International: The Trend Continues Higher (FLEX)
SmarTrend identified an Uptrend for Flextronics International (NASDAQ: FLEX) on November 18, 2009 at $7.29. In approximately 4 months, Flextronics International has returned 7.3% as of today's recent price of $7.82.
Flextronics International is currently above its 50-day moving average of $7.05 and above its 200-day moving average of $6.38. 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 Flextronics International shares.
Write to Chip Brian at cbrian@tradethetrend.com
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