Watch for Continued Gains in Shares of WisdomTree Dreyfus Chinese Yuan Fund (CYB)

Shares of WisdomTree Dreyfus Chinese Yuan Fund CYB traded at a new 52-week high today of $25.82. Approximately 132,000 shares have traded hands today vs. average 30-day volume of 321,000 shares.

WisdomTree Dreyfus Chinese Yuan Fund is currently trading at $25.82, approximately 1.5% above its 50-day moving average of $25.45. SmarTrend will be monitoring shares of CYB to see if this bullish momentum will continue.

In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has remained constant.

In the past 52 weeks, shares of WisdomTree Dreyfus Chinese Yuan Fund have traded between a low of $24.80 and a high of $25.81 and are now at $25.80, which is 4% above that low price.

SmarTrend currently has shares of WisdomTree Dreyfus Chinese Yuan Fund in an Uptrend and issued the Uptrend alert on May 15, 2008 at $25.16. The stock has risen 2.3% since the Uptrend alert was issued.

Write to Chip Brian at cbrian@mysmartrend.com

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