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TMCNet:  BioScrip Has Returned 39.8% Since SmarTrend Recommendation (BIOS)

[November 30, 2012]

BioScrip Has Returned 39.8% Since SmarTrend Recommendation (BIOS)

Nov 30, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for BioScrip (NASDAQ:BIOS) on August 9th, 2012 at $7.33. In approximately 4 months, BioScrip has returned 39.80% as of today's recent price of $10.24.

In the past 52 weeks, shares of BioScrip have traded between a low of $5.17 and a high of $10.33 and are now at $10.24, which is 98% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.8%.


BioScrip, Inc. is a pharmacy benefit management and specialty pharmaceutical organization that partners with managed care organizations and healthcare providers to control prescription drug costs. The Company provides pharmacy benefit products and services and mail order pharmacy services, and is the fulfillment center for online retailers offering prescription and OTC products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of BioScrip shares.Log in and add BioScrip (BIOS) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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