Daily Stock Setups

AgFeed Industries (FEED) Bearish Technical Alert - Trend Down 4%

Posted on: Tue, 03 Nov 2009 15:15:00 EST

Symbols: FEED

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Nov 03, 2009 (SmarTrend(R) Spotlight via COMTEX) --
FEED | Quote | Chart | News | PowerRating -- AgFeed Industries (NASDAQ:FEED) is trading 0.9% lower (down $0.04 to $4.31) today on volume of 278,857 shares. The stock has traded within a 52-week range of $0.90 and $7.96.

AgFeed Industries is currently below its 50-day moving average of $5.23 and should find support at its 200-day moving average of $4.21.

SmarTrend is bearish on shares of FEED and our subscribers received a Downtrend alert on October 29, 2009 at $4.49, which has returned 4% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Agfeed Industries Inc (FEED) FEED. Agfeed Industries Inc (FEED) has Short Term PowerRatings at TradingMarkets. Details on Agfeed Industries Inc (FEED) Short Term PowerRatings is available at This Link.

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