Entercom Communications: The Trend Continues Up (ETM)
SmarTrend identified an Uptrend for Entercom Communications (NYSE: ETM) on December 18, 2009 at $7.13. In approximately 3 months, Entercom Communications has returned 66.8% as of today's recent price of $11.89.
Entercom Communications is currently above its 50-day moving average of $9.26 and above its 200-day moving average of $5.99. 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 Entercom Communications shares.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup
