Cybersource Breaks Through Resistance, Up 0% (CYBS)

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Cybersource CYBS is one of yesterday's best performing stocks, up 0% to $25.68 on 2.1x above average volume. Approximately 5.3 million shares have traded hands yesterday vs. 30-day average volume of 1.7 million shares.

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

Cybersource is in SmarTrend's Business Outsourced Services industry and this industry is currently in an Uptrend. An industry trend that matches the stock's trend helps to add conviction to the stock's Uptrend and price prediction.

SmarTrend is bullish on shares of Cybersource and our subscribers were alerted to buy on March 03, 2010 at $18.66. The stock has risen 37.6% since the alert was issued.

Write to Chip Brian at cbrian@tradethetrend.com

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