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SanDisk Shares Up 23.3% Since SmarTrend's Buy Recommendation (SNDK)
Mar 12, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for SanDisk (NASDAQ:SNDK) on December 10th, 2012 at $42.70. In approximately 3 months, SanDisk has returned 23.34% as of today's recent price of $52.66.
In the past 52 weeks, shares of SanDisk have traded between a low of $30.99 and a high of $53.70 and are now at $52.66, which is 70% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.0%.
SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of SanDisk shares.Log in and add SanDisk (SNDK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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