Daily Stock Setups

Websense (WBSN) Upgrade Alert, Watch for 1.3% Technical Downtrend Reversal

Posted on: Wed, 11 Nov 2009 09:35:00 EST

Symbols: WBSN

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Nov 11, 2009 (SmarTrend(R) Spotlight via COMTEX) --
WBSN | Quote | Chart | News | PowerRating -- Websense (NASDAQ:WBSN) upgraded to Outperform, $19 target, at Macquarie. The stock closed yesterday at $15.73 on volume of 231,700 shares, below average daily volume of 394,191.

Websense is currently below its 50-day moving average of $16.68 and should find support at its 200-day moving average of $15.37.

SmarTrend is bearish on shares of WBSN and our subscribers received a Downtrend alert on November 02, 2009 at $15.93, which has returned 1.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Websense Inc (WBSN) WBSN. Websense Inc (WBSN) has Short Term PowerRatings at TradingMarkets. Details on Websense Inc (WBSN) Short Term PowerRatings is available at This Link.

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