Los Angeles, CA ---May 8th, 2007 ----Tony Golan, Chief Technical Analyst with StockProfit.com, has issued a new Technical Trading Alert on RadioShack Corporation (NYSE: RSH).
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According to Mr. Golan, “Technically, RSH is in a strong long-term up-trend, making higher highs and higher lows above a rising 200-day moving average. Relative Strength Differential (RSD), our proprietary indicator for selecting super-strong stocks, is well above the 25% threshold, indicating the up-trend in RSH is strong enough compared to the S&P 500 and should therefore be considered a candidate for a buy. On Monday, RSH broke out to a new high with a white candlestick and above-average, rising volume”.
For the full details, visit http://www.stockprofit.com/alerts
About RadioShack Corporation
RadioShack Corporation (RadioShack) incorporated in 1967, is primarily engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain and non-RadioShack branded kiosk operations. As of December 31, 2006, it operated 4,467 Company-operated stores under the RadioShack brand, located throughout the United States, as well as in Puerto Rico, and the United States Virgin Islands. As of December 31, 2006, the Company operated 772 kiosks located throughout the United States.
StockProfit.com, is dedicated to using technical analysis to identify stocks in particularly powerful up-trends, then pinpoint the optimal time to enter these stocks, in addition to providing an online resource for aggressive risk-tolerant market participants who wish to learn about select growth companies and other ideas that could offer potentially superior investment returns. Research and due diligence tools such as Company Profiles, Technical Trading Alerts, detailed investment opinion reports, and regular email updates of Featured Companies are some of the services we provide to our readership. For more information, visit http://www.stockprofit.com
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