LEVEL 3 (LVLT)

[lbman]

http://www.zacks.com/research/get_news.php?id=110l7265



TRADERS GOBBLING UP SHARES OF LEVEL 3 COMMUNICATIONS, SHARES UP 2.5% (LVLT)Print Share Apr 20, 2011 (SmarTrend(R) Spotlight via COMTEX) -- Level 3 Communications (NASDAQ:LVLT) is one of today's best performing low-priced stocks, up 2.5% to $1.66 on 0.1x average daily volume. Approximately 3.3 million shares have traded hands today vs. 30-day average volume of 31.2 million shares.

High volume often signals a change in trends. Shares of Level 3 Communications are currently trading above their 50-day moving average (MA) of $1.41 and above their 200-day MA of $1.14.

SmarTrend scans for speculative low-price stocks under $5 for reversals in trends. A large price movement may signal continuation or reversal of a trend.

Level 3 Communications is in SmarTrend's Telecom Services- Domestic 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 currently has shares of Level 3 Communications in an Uptrend and issued the Uptrend alert on November 09, 2010 at $1.04. The stock has risen 55% since the Uptrend alert was issued.

Write to Chip Brian at [e-mail]