Market Overview

Trading Higher on Heavy Volume are Shares of Vanguard European ETF on 1.8x Above-Average Volume (VGK)

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(via COMTEX News Network)--

Shares of Vanguard European ETF (AMEX: VGK) are trading up 0.7% to $49.11 today on above average volume. Approximately 1.3 million shares have traded hands today vs. average 30-day volume of 702,000 shares.

Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of VGK to see if this bullish momentum will continue.

SmarTrend is bullish on shares of Vanguard European ETF and our subscribers were alerted to buy on September 02, 2010 at $45.67. The stock has risen 7.5% since the alert was issued.

Write to Chip Brian at cbrian@tradethetrend.com

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