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Uptrend Call Working As DealerTrack Stock Rises 16.5% (TRAK)Jan 31, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for DealerTrack (NASDAQ:TRAK) on December 12th, 2012 at $27.10. In approximately 2 months, DealerTrack has returned 16.53% as of today's recent price of $31.58. Over the past year, DealerTrack has traded in a range of $23.31 to $32.53 and is now at $31.58, 35% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.6%. DealerTrack Holdings Inc. provides on-demand software and data solutions for the automotive retail industry in the United States. The Company utilizes the Internet to link automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as the major credit reporting agencies. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of DealerTrack shares.Log in and add DealerTrack (TRAK) 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 [email protected] --------------------------------------------------------------------------------------------- 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 |