Rosetta Stone Inc. (RST) Soars Past 200 Day MA

Rosetta Stone Inc. (NYSE: RST) soared 26.82% in morning trading to $22 after the company came out with strong Q4 earnings, and a pick up in its international language training business. Rosetta Stone Inc. (RST) also announced that the company expects its international business to contribute 13% to its revenues in 2010, compared to 8% in last year.

Rosetta Stone Inc. (RST) simultaneously breached its 200 day MA following the surge in stock price on Friday morning. The upward movement, coupled with high volumes in early trading, confirmed the further strength on charts in stock in the days ahead.