Monday, July 11, 2011 1:02:58 PM
YRC WORLDWIDE'S SHARES CHANGING HANDS AT HIGHER PRICES ON 1.4X ABOVE-AVERAGE VOLUME (YRCW)
Jul 11, 2011 (SmarTrend(R) News Watch via COMTEX) -- Shares of YRC Worldwide (NASDAQ:YRCW - Analyst Report) are trading up 13% to $1.30 today on above average volume. Approximately 4.4 million shares have traded hands today vs. average 30-day volume of 3.2 million shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of YRCW to see if this bullish momentum will continue.
SmarTrend currently has shares of YRC Worldwide in an Uptrend and issued the Uptrend alert on June 23, 2011 at $0.88. The stock has risen 30.7% since the Uptrend alert was issued.
http://www.zacks.com/research/get_news.php?id=192l7967
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