SmarTrend only notes the 200 dma as resistance in a blurb today: ______________________________________________________________
SmarTrend identified an Uptrend for Radio One (NASDAQ:ROIAK) on September 08, 2010 at $0.85. In approximately 2 months, Radio One has returned 19.5% as of today's recent price of $1.01. Radio One is currently above its 50-day moving average of $0.83 and should find resistance at its 200-day moving average of $2.47. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Radio One shares.