Cavium Networks (NASDAQ:CAVM) downgraded to Hold from Buy at Roth Capital. The stock closed Friday at $25.79 on volume of 987,400 shares, above average daily volume of 661,467.
Cavium Networks is currently above its 200-day moving average of $22.56 and should find resistance at its 50-day moving average of $25.85.
SmarTrend is bullish on shares of CAVM and our subscribers received an Uptrend alert on February 16, 2010 at $23.80, which has returned 8.4% to date.
Link to this comment:
All Comments (0)