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12.7% Return Seen to Date on SmarTrend Cabela's Call (CAB)
Jan 01, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for Cabela's (NYSE:CAB) on October 25th, 2012 at $47.83. In approximately 2 months, Cabela's has returned 12.70% as of today's recent price of $41.75.
Cabela's share prices have moved between a 52-week high of $56.78 and a 52-week low of $23.65 and are now trading 77% above that low price at $41.75 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 2.4%.
Cabela's Incorporated retails hunting, fishing, camping, and outdoor sports products and apparel. The Company markets its products through its retail stores, website, and catalog. Cabela's retail stores also offer in-house clinics associated with hunting, fishing, and camping.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cabela's.
Log in and add Cabela's (CAB) 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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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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