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Tuesday, 08/25/2009 4:47:48 PM

Tuesday, August 25, 2009 4:47:48 PM

Post# of 10087
Bullish technical alerts issued .....(ABK) Aug 25, 2009 (SmarTrend(R) Spotlight via COMTEX) ----Ambac Financial (NYSE:ABK) is trading 9% higher (up $0.11 to $1.33) today on volume of 9,878,125 shares. The stock has traded within a 52-week range of $0.35 and $10.08.

Ambac Financial is currently above its 50-day moving average of $0.99 and above its 200-day moving average of $1.11, we're currently monitoring Ambac (ABK) for an upside
breakout through it's $1.51 200 day EMA.

SmarTrend is bullish on shares of ABK and our subscribers received an Uptrend alert on April 16, 2009 at $1.08, which has returned 23.2% to date.

Write to Chip Brian at cbrian@tradethetrend.com
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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