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COIN Deal with Walmart O/S 32m .80
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[QUOTE]Originally posted by invester: [QB] SmarTrend Detects Continued Buying Pressure in Shares of Converted Organics (COIN) 56 minutes ago - Comtex Smartrend(r) Related Companies Symbol Last %Chg COIN 0.95 6.39% As of 10:56 AM ET 1/12/10 SmarTrend identified an Uptrend for Converted Organics (NASDAQ:COIN) on January 05, 2010 at $0.81. In approximately 1 week, Converted Organics has returned 14.8% as of today's recent price of $0.93. Converted Organics is currently above its 50-day moving average of $0.72 and should find resistance at its 200-day moving average of $1.11. 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 Converted Organics shares. Write to Chip Brian at cbrian@tradethetrend.com [/QB][/QUOTE]
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